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Sold on 22 Aug 2019

44-48 Elizabeth Street Hobart TAS 7000

  • Shop & Retail
  • 1,457 m²
  • Sold, $7,000,000

PRIME HOBART STRIP RETAIL BLUE CHIP INCOME AND DEVELOPMENT

This property, which occupies a dominant Hobart Elizabeth Mall frontage, provides a secure investment as well as longer term development opportunity. Offering three levels (partly underutilised), the property benefits from a very strong and secure income of which 70% is provided by blue chip tenant Telstra. The site of 685m² in addition to frontage of almost 21 meters to the mall benefits from ROW access off Collins Street.

- Total building area 1,457m² approximately
- Three tenancies
- Current net income $541,601.00 pa approximately with indexed growth

Property Being Sold by Expressions of Interest. Being sold in conjunction with 42 Elizabeth Mall

Address44-48 Elizabeth Street Hobart TAS 7000
Zoning22.0 Central Business
CouncilHOBART CITY COUNCIL
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015215217
Date Sold22 Aug 2019
Sold Price$7,000,000
Floor Area1,457 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  10 Sep 2019
Map for 44-48 Elizabeth Street Hobart TAS 7000
Map for 44-48 Elizabeth Street Hobart TAS 700044-48 Elizabeth Street Hobart TAS 7000
Devine Property
119 Harrington Street Hobart TAS 7000

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