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Murray House/73-81 Murray Street Hobart TAS 7000

  • Offices
  • 2,333 m²
  • Expressions of Interest

Fully leased investment in Australia's best performing economy

  • Outstanding, central CBD location
  • Diversified income streams
  • Fully leased

Knight Frank and Colliers are delighted to present an exceptional freehold mixed retail and commercial investment located in the heart of Hobart's city centre.

"Murray House", 73 81 Murray Street, Hobart is well located being only 50 metres north west of Hobart's central retail block in a sought after and highly convenient location. The property has an extensive street frontage of approximately 37m and occupies a prominent position with a high level of passing pedestrian and vehicular traffic.

The property is fully leased to a mixture of retail, office and education tenants with a current net income (before operating expenses) of approximately $586,021 pa and a WALE of circa 2.3 years. The property is part four levels with ground floor retail and the two upper levels and a smaller lower ground floor level utilised for office and education use.

This asset provides significant value add opportunities including further development in time with potential to increase the building height (STCA) given the current low rise improvements; refurbishment or rental growth.

Murray House offers a rare opportunity to acquire a commercial investment within the nation's leading capital city, with Commsec rating Tasmania's economy as number 1 in the country in the past 6 surveys.

For Sale by Expressions of Interest closing 14 October 2021 at 4:00pm AEST

EXPRESSION OF INTEREST

Closing date and time14/10/2021 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
George Burbury
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania
Richard Steedman
Knight Frank - Tasmania
Richard Steedman
Knight Frank - Tasmania

Property Highlights

Property ID2017250469
Floor Area2,333 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  13 Sep 2021
Map for Murray House/73-81 Murray Street Hobart TAS 7000
Map for Murray House/73-81 Murray Street Hobart TAS 7000Murray House/73-81 Murray Street Hobart TAS 7000
George Burbury
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania
Richard Steedman
Knight Frank - Tasmania
Richard Steedman
Knight Frank - Tasmania

Property Highlights

Property ID2017250469
Floor Area2,333 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  13 Sep 2021
Knight Frank - Tasmania
5 Victoria Street Hobart TAS 7000
George Burbury
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania
Richard Steedman
Knight Frank - Tasmania
Richard Steedman
Knight Frank - Tasmania
George Burbury

George Burbury

Knight Frank - Tasmania

Richard Steedman

Richard Steedman

Knight Frank - Tasmania

0408 *** ***
0408 333 523

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