98-102 Elizabeth Street, HOBART TAS 7000
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- Retail, Hotel / Leisure, Offices
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- 6 Apr 2017
HOBART'S FINEST CBD HERITAGE INVESTMENT Totally Refurbished - Fully Leased â?? High Net Income
98-102 Elizabeth Street is one of Hobart's best CBD investment properties to be offered in decades!
The present owner has totally redeveloped and refurbished this heritage icon into a commercially innovative and modern investment property. It is offered fully leased on excellent lease terms to six quality tenants plus two 'high end' luxury holiday apartments with potential to owner/occupy as luxury townhouses or professional offices(STCA). Passing net rental income estimated over $320,000 plus substantial tax depreciation benefits. Fully compliant & approved with nothing to spend! Assured capital growth in revitalised Hobart CBD and close proximity to new UTAS developments. A truly unique investment gem!
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
98-102 Elizabeth Street HOBART