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Sold on 29 Nov 2018

Officeworks Hobart 105-109 Campbell Street Hobart TAS 7000

  • Shop & Retail
  • 2,785 m²
  • Sold

FREESTANDING CBD OFFICEWORKS INVESTMENT - NEW 5 YEAR LEASE WITH FIXED 4% ANNUAL INCREASES

  • 5 year net lease expiring 2023
  • Highly exposed triple street frontage
  • Net annual income of $725,000 pa*

OVERVIEW

+ A dominant 2,785sqm* freestanding Officeworks (Subsidiary of Wesfarmers) investment prominently positioned in the Hobart CBD

+ Recently renewed 5 year net lease expiring 2023, with fixed annual increases of 4%

+ Convenient 49 car spaces* on title including basement car park

+ Highly exposed triple street frontage Central Commercial Zone land holding of 3,236sqm* in the Hobart CBD

+ Net annual income of $725,000 per annum* (as at October 2018)

For Sale Via Public Auction as part of the CBRE Premium Property Portfolio Auction to be held on November 29th 2018 from 6.00pm (AEDT) at Zagame Ferrari Head Office, Level 1, 430 Swan Street Richmond, Vic

For further information please contact the CBRE Freestanding Retail Investments team:

Joseph Du Rieu
0408 892 976

Kevin Tong
0422 848 818

Mark Wizel
+61 409 809 868

AUCTION

Auction date and time29/11/2018 18:00
Auction locationLevel 1, 430 Swan Street Richmond, Vic

Property Highlights

Property ID2014720642
Date Sold29 Nov 2018
Floor Area2,785 m²
Land Area3,236 m²
ParkingAsk Agent
Category
Last updated  30 Nov 2018
Map for Officeworks Hobart 105-109 Campbell Street Hobart TAS 7000
Map for Officeworks Hobart 105-109 Campbell Street Hobart TAS 7000Officeworks Hobart 105-109 Campbell Street Hobart TAS 7000
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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