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DESCRIPTION:Exceptional Hobart Waterfront Opportunity\nElders Commercial\, 
 RWC Tasmania and HTL Property have been jointly appointed to offer for sal
 e the leasehold interest in Murray Street Pier\, Hobart. Positioned at the
  end of Murray Street in the heart of Sullivans Cove\, this landmark prope
 rty presents an exceptional waterfront hospitality opportunity.\n\nKey Pro
 perty Highlights Include:\n\n	Located at One of Only Three Hobart Piers-A 
 distinctive\, curved and glazed pier-end building with water views across 
 three sides.\n\n	Fully Equipped Hospitality Venue-1\,218 sqm* two-level ve
 nue comprising a ground-floor restaurant\, bar and oyster bar with waterfr
 ont deck seating\, together with a first-floor function centre featuring t
 wo function rooms\, a pre-function bar and terrace.\n\n	Significant Recent
  Investment-Approximately $8 million invested in refurbishment of the prop
 erty in 2021\, providing a ready-to-operate hospitality offering in one of
  Hobart's truly unique locations.\n\n	Long-Term Leasehold Tenure-TasPorts 
 head lease to 30 June 2036\, with a further 10-year option extending to 30
  June 2046.\n\n	Rent Reset for the New Term-The head lease rent has recent
 ly been reset at $433\,809* per annum for the second term\, with fixed inc
 reases of 3% on each Rent Adjustment Date.\n\n	Unrivalled Sullivans Cove L
 ocation-Centrally positioned between Brooke Street Pier and Elizabeth Stre
 et Pier\, within walking distance of Salamanca Place\, the Hobart CBD and 
 the approved Macquarie Point Stadium precinct.\n\n	Sub-Lease Income Benefi
 t-Supplementary income provided via sub-lease arrangement assisting to off
 set the head lease expense. \n\nFor Sale by Expressions of Interest closin
 g Thursday 8 October 2026 at 4:00 pm (AEDT).\n\nPlease contact the selling
  agents to request the information memorandum or request an inspection. \n
 \n^STCA\n* Approximate
DTEND:20261008T160000
DTSTAMP:20260907T044751Z
DTSTART:20261008T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: 28 Morrison Street\, Hobart TAS
UID:CRE-2021133802-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Exceptional Hobart Waterfront Opportu
 nity <br/> Elders Commercial\, RWC Tasmania and HTL Property have been joi
 ntly appointed to offer for sale the leasehold interest in Murray Street P
 ier\, Hobart. Positioned at the end of Murray Street in the heart of Sulli
 vans Cove\, this landmark property presents an exceptional waterfront hosp
 itality opportunity. <br/>  <br/> Key Property Highlights Include: <br/>  
 <br/> 	Located at One of Only Three Hobart Piers-A distinctive\, curved an
 d glazed pier-end building with water views across three sides. <br/>  <br
 /> 	Fully Equipped Hospitality Venue-1\,218 sqm* two-level venue comprisin
 g a ground-floor restaurant\, bar and oyster bar with waterfront deck seat
 ing\, together with a first-floor function centre featuring two function r
 ooms\, a pre-function bar and terrace. <br/>  <br/> 	Significant Recent In
 vestment-Approximately $8 million invested in refurbishment of the propert
 y in 2021\, providing a ready-to-operate hospitality offering in one of Ho
 bart's truly unique locations. <br/>  <br/> 	Long-Term Leasehold Tenure-Ta
 sPorts head lease to 30 June 2036\, with a further 10-year option extendin
 g to 30 June 2046. <br/>  <br/> 	Rent Reset for the New Term-The head leas
 e rent has recently been reset at $433\,809* per annum for the second term
 \, with fixed increases of 3% on each Rent Adjustment Date. <br/>  <br/> 	
 Unrivalled Sullivans Cove Location-Centrally positioned between Brooke Str
 eet Pier and Elizabeth Street Pier\, within walking distance of Salamanca 
 Place\, the Hobart CBD and the approved Macquarie Point Stadium precinct. 
 <br/>  <br/> 	Sub-Lease Income Benefit-Supplementary income provided via s
 ub-lease arrangement assisting to offset the head lease expense.  <br/>  <
 br/> For Sale by Expressions of Interest closing Thursday 8 October 2026 a
 t 4:00 pm (AEDT). <br/>  <br/> Please contact the selling agents to reques
 t the information memorandum or request an inspection.  <br/>  <br/> ^STCA
  <br/> * Approximate</P></body></html>
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