An Exceptional City Investment This inner city freehold property is located metres from the Bathurst and Elizabeth Streets intersection on the edge of mid-town and comprises a retail shop of 125mÂ² leased to St Vincent de Paul and a two bedroom residential apartment used for short stay accommodation, known as Flynns on Bathurst. The property was fully renovated in 2011 and presents to a high standard inside and out. The apartment is managed by a local operator so there is no hands on work required by the owner, so this will suit passive investors or those looking for inner city living with an income stream. This is a pro...
HOBART'S FINEST CBD HERITAGE INVESTMENT
Totally Refurbished - Fully Leased â?? High Net Income
98-102 Elizabeth Street is one of Hobart's best CBD investment properties to be offered in decades! The present owner has totally redeveloped and refurbished this heritage icon into a commercially innovative and modern investment property. It is offered fully leased on excellent lease terms to six quality tenants plus two 'high end' luxury holiday apartments with potential to owner/occupy as luxury townhouses or professional offices(STCA). Passing net rental income estimated over $320,000 plus substantial tax depreciation benefits. Fully compliant & approved with nothing to spend! Assured c...
PREMIUM CBD RETAIL INVESTMENT We are privileged to offer for sale this outstanding CBD property that offers a first class investment opportunity in a keenly sought asset class offering the following key characteristics: * Prime CBD location with substantial 77m approximately street frontage * Modern well presented showroom of 2,023mÂ² approximately * Single tenanted investment occupied by Freedom since construction (1977) * Net lease until 2022 with annual CPI reviews * Surrounded by complimentary large format retail showrooms * Net income $376,662 pa (assumes CPI review of 1.7% at 1 October 2016)
Unique Inner City Opportunity 52 Melville Street provides the exiting opportunity to secure a significant CBD property which is in need of a new direction. Originally built as theatre the building still retains many of its grand original features and is located in Hobart’s rapidly developing Northern CBD district.
- Imposing facade
- Northern CBD location
- Internal heritage detail intact
- “Cathedral height ceilings”
- 1st Floor 2 bedroom apartment
- Building area of Approximately 695sqm
- Suit a number of uses