DA Approved site/125 Bathurst Street Hobart TAS 7000
- Development / Land
- 629 m²
- Expressions of Interest
DA approved site in the Hobart CBD
- Approval for 33 residential dwellings
- Approval for a 68 room hotel
- Develop in Australia's leading economy
Knight Frank is proud to offer for sale the property and building located at 125 Bathurst Street, Hobart. Carrying a 'Central Business' zoning and two approved and current development permits (residential and hotel), this property represents one of the most attractive development opportunities in Hobart.
The site is exceptionally well located situated approximately 100 metres northwest of Hobart's central retail block, occupying a commanding position on the fashionable Bathurst Street. Properties in the immediate vicinity comprise various strip retail tenants including well-known brands such as Sportsgirl, Myer, Country Road, Mecca Cosmetics, Eyelines, Betts, Rodd & Gunn, Gorman, Lush, Peter Alexander; the recently constructed Crowne Plaza Hotel, and residential medium-high density buildings.
The property has the benefit of holding income from a lease to O'Brien Glass on the ground floor and the tenant on level one. 125 Bathurst Street is an outstanding location for the development of either a residential or hotel building, and presents an opportunity to capitalise on a premium development prospect at a blue-ribbon address in one of Australia's strongest property markets.
For further information or to request the due diligence package please contact the exclusive selling agents.
For Sale by Expressions of Interest closing Thursday 21 October 2021 at 4:00pm AEST
EXPRESSION OF INTEREST
|Closing date and time||21/10/2021 16:00|
|Recipient name||Ask Agent|
|Delivery address||Ask Agent|