25 Davey Street Hobart TAS 7000

The property comprises a mixed commercial /medical investment on 3 stratum titles.

25 Davey Street will appeal to investors looking for a stable income stream, which is derived from a fully leased first-floor Medical Centre that was developed some 8 years ago.

Upside, there is obvious opportunity to strengthen the income further by leasing a small vacant ground floor and basement commercial space.

Medical Centre is subject to a CPI rent review, due in February 2024.