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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

    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:

    Kevin Tong
    0422 848 818

    Mark Wizel
    +61 409 809 868

    Property Highlights

    Date Sold29 Nov 2018
    Floor Area2,785 m²
    Land Area3,236 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231788
    Category
    Last updated  3 Sep 2021
    Map for Officeworks Hobart 105-109 Campbell Street Hobart TAS 7000

    Property Highlights

    Date Sold29 Nov 2018
    Floor Area2,785 m²
    Land Area3,236 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231788
    Category
    Last updated  3 Sep 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000
    Jing Jun Heng
    Jing Jun Heng
    CBRE Melbourne

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