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DESCRIPTION:Substantial CBD Landholding with National Tenant Covenant\nA ra
 re opportunity to secure a significant landholding on the fringe of the Ho
 bart CBD\, combining long term national tenant income with genuine redevel
 opment upside. Anchored by one of Australia's best known food brands and s
 upported by complementary office and residential income\, the property off
 ers investors security today and developers a strategic land bank for the 
 future. Holdings of this scale and position in the inner city rarely come 
 to market.\n\nKey Investment Highlights:\n    Substantial CBD Landholding:
  4\,122 sqm* across five titles\, including 193-205 Murray Street\, 67-67A
  Patrick Street and 220A Elizabeth Street\, with rare triple street fronta
 ge.\n    National Tenant Covenant: Majority leased to National Pies Pty Lt
 d\, part of Patties Food Group (reported annual revenue $819m*)\, until De
 cember 2034 with options to 2044.\n    Diversified Income: Net income of $
 432\,880 + GST* per annum\, with a national tenant\, a two-level office bu
 ilding at 193 Murray Street and two residential flats on Patrick Street.\n
     Future Redevelopment Potential: Flexible zoning\, part Central Busines
 s and part Commercial\, providing significant long term redevelopment upsi
 de^.\n    Net Lease Structure: Major tenant reimburses Council Rates\, Lan
 d Tax and TasWater.\n\nFor sale by Expressions of Interest closing Thursda
 y 10 December 2026 at 4:00 pm (AEDT).\n\n*Approx\n^STCA
DTEND:20261210T160000
DTSTAMP:20261112T010308Z
DTSTART:20261210T160000
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SUMMARY:Expression Of Interest: 193-205 Murray Street & 67-67a Patrick Stre
 et\, Hobart TAS
UID:CRE-2021322157-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>Substantial CBD Landholding with Nati
 onal Tenant Covenant <br/> A rare opportunity to secure a significant land
 holding on the fringe of the Hobart CBD\, combining long term national ten
 ant income with genuine redevelopment upside. Anchored by one of Australia
 's best known food brands and supported by complementary office and reside
 ntial income\, the property offers investors security today and developers
  a strategic land bank for the future. Holdings of this scale and position
  in the inner city rarely come to market. <br/>  <br/> Key Investment High
 lights: <br/>     Substantial CBD Landholding: 4\,122 sqm* across five tit
 les\, including 193-205 Murray Street\, 67-67A Patrick Street and 220A Eli
 zabeth Street\, with rare triple street frontage. <br/>     National Tenan
 t Covenant: Majority leased to National Pies Pty Ltd\, part of Patties Foo
 d Group (reported annual revenue $819m*)\, until December 2034 with option
 s to 2044. <br/>     Diversified Income: Net income of $432\,880 + GST* pe
 r annum\, with a national tenant\, a two-level office building at 193 Murr
 ay Street and two residential flats on Patrick Street. <br/>     Future Re
 development Potential: Flexible zoning\, part Central Business and part Co
 mmercial\, providing significant long term redevelopment upside^. <br/>   
   Net Lease Structure: Major tenant reimburses Council Rates\, Land Tax an
 d TasWater. <br/>  <br/> For sale by Expressions of Interest closing Thurs
 day 10 December 2026 at 4:00 pm (AEDT). <br/>  <br/> *Approx <br/> ^STCA</
 P></body></html>
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