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66-80 Collins Street
Hobart TAS 7000
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Sold on 9 Sep 2019

66-80 Collins Street Hobart TAS 7000

  • Offices
  • 10,037 m²
  • Sold

Landmark Value Add Opportunity

  • Strategic location in health precinct
  • Leased to Government & Telstra
  • Strong Hobart Office Market

Hobart landmark "A" grade office building, situated on prime corner site opposite the Royal Hobart and Hobart Private Hospitals and approximately 100 metres from the Elizabeth Street Mall.

Key Investment Highlights include:

- NLA of 10,037 sqm (approx) plus 55 car parks
- Fantastic water views and natural light
- High quality State Government and Telstra lease covenants
- Approximately 85% leased
- NABERS rating of 3.5 stars
- Current Net Income of $2.43 million pa + GST (approx)
- Signifiicant value add opportunity in a strengthening office market, which is currently the 3rd strongest capital city office market in Australia.
- Hobart's CBD continues to transition into a more vibrant modern city, benefiting from advancing structural change.

For Sale by Knight Frank and Edwards Windsor via Expressions of Interest closing Thursday, 29 August 2019.

EXPRESSION OF INTEREST

Closing date and time29/08/2019 16:00
Recipient nameAsk Agent
Delivery address66-80 Collins Street

Property Highlights

Date Sold9 Sep 2019
Floor Area10,037 m²
Land Area1,720 m²
EnergyAsk Agent
Parking55 x Onsite parkings
Property ID2015494130
Category
Last updated  12 Sep 2019
Map for 66-80 Collins Street Hobart TAS 7000

Property Highlights

Date Sold9 Sep 2019
Floor Area10,037 m²
Land Area1,720 m²
EnergyAsk Agent
Parking55 x Onsite parkings
Property ID2015494130
Category
Last updated  12 Sep 2019
5 Victoria Street Hobart TAS 7000

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