CBD Redevelopment Opportunity - With Holding Income
3 Hobart Place City is a 3 level office building in the heart of the Canberra CBD with attractive future redevelopment opportunities.
The building location in the middle of Hobart place would be ideal for a future multi level, boutique office building, targeting small to medium professional services firms.
* 297m2 block, CZ1 zoning. * Current building size of 634m2 over 3 levels. * 66% Leased to Adero Law until 30 Sept 2025. * Fully leased annual gross rent of $204,140 * Current Crown Lease allows for a max of 1,900m2 GFA and 34 residential dwellings with allowable uses including Office, Residential, Retail and Restaurant.
The building is being sold via Expressions of Interest, closing on Thursday 2nd of December.
Please contact Andrew Smith on 0409 600 471 or andrew.smith@civium.com.au for more information.
