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35-53 Brisbane Street
Hobart TAS 7000
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Sold on 17 Jun 2019

35-53 Brisbane Street Hobart TAS 7000

  • Shop & Retail
  • Sold

10 + 10 Year Lease back to Tilford Auto Group

  • 10 year lease from May 2019
  • Net rent of $993,543
  • Lettable area 7,651 sqm (approx) gross

&#xD&#xD Knight Frank Tasmania is proud to present to the market 35-53 Brisbane Street, Hobart complete with 10+10 year lease back to generational automotive retailer Tilford Auto Group.

The property occupies an outstanding corner location with two frontages on the western fringe of Hobarts growing CBD and offers approximately 9,395 sqm of land area. Tilford Auto Group is a major business with Ford, Honda, Jaguar, Skoda & Land rover quality retail showrooms as well as a large service centre all on the one site. The current net rental of $993,543 per annum makes this not only an attractive immediate investment but a strategic long term landbank opportunity of a key site located a stones throw from the CBD.

Tasmania is currently Australias fastest growing economy, #1 state for house price, economic and wage growth and with auto sales up 10% compared to decade averages. (Source ABS and Comm Sec). Has there been a better time to secure a significant investment opportunity such as this?

EXPRESSION OF INTEREST

Closing date and timeAsk Agent
Recipient nameAsk Agent
Delivery addressAsk Agent
Elders Real Estate Hobart
Elders Real Estate Hobart
5 Victoria Street
Hobart, TAS 7000

Property Highlights

Date Sold17 Jun 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015103826
Category
Last updated  17 Jun 2019
Map for 35-53 Brisbane Street Hobart TAS 7000

Nearest transport* to 35-53 Brisbane Street Hobart TAS 7000

Bus
Ferry
Stop 3, No.118 Argyle St114 m
Stop 3, No.181 Elizabeth St141 m
Stop 3, No.180 Elizabeth St170 m
Stop 2, No.131 Elizabeth St216 m
Data source: Metro Tasmania Pty Ltd (Metro)
*Within a 4km radius
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Elders Real Estate Hobart
Elders Real Estate Hobart
5 Victoria Street
Hobart, TAS 7000

Property Highlights

Date Sold17 Jun 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015103826
Category
Last updated  17 Jun 2019

Listed by

Scott Newton
Scott Newton
Elders Real Estate Hobart
Call
0409 186 261

More about 35-53 Brisbane Street Hobart TAS 7000

35-53 Brisbane Street Hobart TAS 7000 is categorized as Shop & Retail Property. The listing ID for this property is 2015103826.

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