Knight Frank is proud to offer for sale this quality retail investment, which also offers opportunity to add further value.
Centrally located in the popular and tightly held Liverpool Street, the building comprises a stately three story building with 5* metres of frontage. The ground floor comprises 80* sqm of refurbished retail space, first floor has staff and customer training amenities and the second floor is an unrenovated vacant space that provides an opportunity for you to add your own touch and create additional value.
Securely leased to Thread, Needlework and Patchwork until March 2030, with a net income of $49,568* per annum, and the benefit of a market rent review in March 2025.
The property is ideally positioned in the Hobart CBD retail core, in close proximity to leading national retailers, cafes, commercial nightspots and car parking, giving a savvy investor the opportunity to capitalise on this rare to market CBD asset.