83 Murray Street Hobart TAS 7000

Knight Frank offers for sale this prime CBD development site ready for an astute developer or investor.

The property is strategically located in the heart of Hobart's CBD, within the city's main core retail block, opposite the Hanging Garden hospitality precinct, next to the State Library and various national and international retailers.

The site is 458 sqm* and comprises 18* surface car parks, leased to Secure Park until 30th April 2027, with a net income of $40,621* per annum, benefited by a 3-month break lease clause, providing fantastic flexibly for development or an astute investor to increase the passing income.

A perfect investment or development opportunity, with good holding income and rental growth.

*Approximately