Knight Frank has the exclusive opportunity to offer for sale two freehold strata lots in the 'City Flour Mills' building at 8 Brooke Street, Hobart.
The properties are for sale either in one line or separately by Expressions of Interest closing 20/5/2021.
8 Brooke Street, Hobart, is a c1860's multi-level, heritage building on a 'mixed-use' zoned parcel of land in the in the prime harbourside precinct of Sullivan's Cove/Salamanca.
On offer is a ground floor unit (Lot 1) of 143 sqm (approx) tenanted by one of Hobart's finest restaurants, Stockmarket. The first floor (Lot 2) is over 244 sqm (approx) and is occupied by Salamanca Psychology.
Lot 1 has a new 6 year term from 1/6/2021 at a net rental of $73,106 (approx) and Lot 2 has 5 years remaining on lease with a net rental of $81,120 (approx).
The building was extensively refurbished approximately 5 years ago, with Lot 2 upgrade works completed 2 years ago.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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