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11 Morrison Street Hobart TAS 7000

  • Offices
  • 2,000 m²
  • Expressions of Interest

"The City Mill"

  • Landmark Hobart Property
  • In Hobart's Popular Waterfront Precinct
  • Add Value Opportunity

Knight Frank is excited to present to the market one of Australia's most unique commercial assets.

Situated within Hobart's historic mixed use waterfront precinct, the 'City Mill' is a collection of bespoke offices sculpted from the original hardwood grain silos.

These boutique offices are complimented by a speakeasy style spirit bar & cafe, plus well known restaurant on the ground floor which spills out into the voluminous and light filled central courtyard providing an amazing common area for tenants and visitors to the property alike.

The property is almost fully leased with a strong and diverse tenant mix with a current Net Income of $383,679 pa + GST (approx), and has a WALE of approximately 2.2 years.

The site has an area of approximately 779 sqm with two significant street frontages and is zoned "Sullivans Cove Mixed Use".

The property provides significant value-add opportunity via rental growth, lease tenure or redevelopment.

The property has a NABERS rating of 5.5 stars.

The property is for sale via Expressions of Interest closing 4 pm, (AEST), Thursday, 30 June 2022.

EXPRESSION OF INTEREST

Closing date and time30/06/2022 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area2,000 m²
Land Area779 m²
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017844171
Category
Last updated  26 Jun 2022
Map for 11 Morrison Street Hobart TAS 7000

Property Highlights

Floor Area2,000 m²
Land Area779 m²
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017844171
Category
Last updated  26 Jun 2022
5 Victoria Street Hobart TAS 7000
Hayden Peck
Hayden Peck
Knight Frank - Tasmania
Richard Steedman
Richard Steedman
Knight Frank - Tasmania

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