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1/124 Davey Street
Hobart TAS 7000
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1/124 Davey Street Hobart TAS 7000

  • Hotel, Motel, Pub & Leisure
  • 990 m²
  • Expressions of Interest

Freehold Hotel Investment

  • Prominent high profile corner location
  • Strong 7.5% return
  • Substantial building area of 990sqm*

Knight Frank is delighted to be marketing for sale a hospitality investment at 1/124 Davey Street, Hobart.

More commonly known as Hotel Soho and now operating as 'The Chowk', 1/124 Davey Street has been an essential part of the Hobart pub and entertainment scene for over 30 years.

The property features a large flexible entertainment space suitable for a dining capacity of up to 280 patrons, over 2 levels. The operator has a lease until October 2026 plus options and with an estimate net annual rent of $172,301* (as at October 2023).

With a gross lettable area of 990 sqm*, the site is significant and occupies a commanding position on the corner of Davey and Molle Street, Hobart. The property is equipped with a near-new commercial kitchen, cool and dry room, two large bars, 16 beer fonts and a separate managers flat.

The owner is separately offering 10 Molle Street (8 accommodation rooms), which would supplement the pub offering superbly.

EXPRESSION OF INTEREST

Closing date and time28/09/2023 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area990 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018739842
Category
Last updated  31 Aug 2023
Map for 1/124 Davey Street Hobart TAS 7000

Property Highlights

Floor Area990 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018739842
Category
Last updated  31 Aug 2023
5 Victoria Street Hobart TAS 7000
Claude Alcorso
Claude Alcorso
Knight Frank - Tasmania
Tom Balcombe
Tom Balcombe
Knight Frank - Tasmania

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