223 Harrington Street Hobart TAS 7000

Currently leased at $82,0000 pa plus outgoings till 25 August 2025 - allowing plenty of time for future planning. This affordable mixed use property, presently used as office/warehouse, offers a myriad of options for its new owner. Theproperty has outstanding redevelopment potential. Favoured with a highly flexible commercial zoning, the property features, a broad spectrum of permitted and discretionary uses, including residential, offices, professional services, tourism, education, food services, etc. A property with fabulous potential in an unbeatable city fringe location which has in recent years, been the focus of considerable new development and in this instance a multi-store near new residential property.

With the choice of vacant possession by 25 August 2025 OR 1 year extension on lease to 25 August 2026.
With interest rates steadily reducing this fringe city location is most appealing .