Trophy, art deco freehold investment.
Secure 10 year lease with 3% annual increases.
Hobart/TAS: Australias fastest growing economy.
Nandos: global giant with over 1,000 restaurants across 35 countries.
High profile 776 sqm corner building boasting excellent 40 metre frontage.
Brand new $600,000 tenant fit-out to Nandos latest corporate standard.
Supported by complementary food and beverage operators as well as the State Cinema, NAB, Commonwealth Bank, Subway and Australia Post.
Elizabeth Street: key entertainment and dining precinct less than 2km from CBD with Hobarts most intensive concentration of restaurants.
Diversified investment with secure, supplementary income from two fully-leased first floor apartments, providing direct access to Australias #1 residential market with 8.78% annual unit price growth.
Net Rent: $183,108 pa
Auction 11am AEDT Wednesday 3 April 2019
River Room, Crown Casino, Melbourne