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117 Collins Street
Hobart TAS 7000
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117 Collins Street Hobart TAS 7000

  • Shop & Retail
  • 365 m²
  • For Sale, Offers over $2,300,000

Retail investment part leased to national health insurer, Medibank Private

  • Fully let net income: $159,469* pa
  • Occupancy: Part leased until June 2025
  • Two undercover car parks

Knight Frank is delighted to put to market for sale Unit 1, 117 Collins Street Hobart.

Partly tenanted by national health insurance provider, Medibank Private with 2.75 years remaining on the lease, the property provides an excellent investment opportunity with additional future upside.

Medibank Private occupy 121 sqm* of service based retail with 10 meters of shop frontage to Collins Street. The tenancy is complimented with a board room, staff amenities and two undercover car parks. There is an additional 244 sqm* of vacant space situated at the rear and accessed via a separate door from the Collins St arcade. It is comprised of a reception, various meeting rooms, amenities and could suit health and fitness, service retail, medical or internal offices (STCA). The property includes two car parks.

If you're looking for a quality Hobart CBD investment with capacity for future income generation, then this is an opportunity not to be missed.

Offers over $2,300,000.

Property Highlights

Floor Area365 m²
Land Area414 m²
Parking2 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018108584
Category
Last updated  10 Oct 2023
Map for 117 Collins Street Hobart TAS 7000

Property Highlights

Floor Area365 m²
Land Area414 m²
Parking2 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018108584
Category
Last updated  10 Oct 2023
5 Victoria Street Hobart TAS 7000
Tom Balcombe
Tom Balcombe
Knight Frank - Tasmania
Scott Newton
Scott Newton
Knight Frank - Tasmania

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