Knight Frank has the exclusive instructions to offer for sale this significant development opportunity. Comprising 2 titles, the property occupies approximately 2,001m2 of prime CBD Real Estate. 177 Macquarie Street is utilised as a 40 space car park with full occupancy daily and 173 Macquarie Street (vacant) which is purpose built medical consulting suites (circa 1960), with 29 car parks.
The site is located on one of Hobart's key arterial roads with massive passing traffic and backs onto 188 Collins Street (The Commonwealth Government Centre), which is the largest 'A' Grade office building in the city with in excess of 25,000m2 of office space. The site is suitable for multiple developments including office building, car park, big box retail or mixed use (stca) and is one of the last remaining significant CBD development sites.
