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Site/209-215 Harrington Street Hobart TAS 7000

  • Development / Land
  • 1,705 m²
  • For Sale, For Sale by Offer

Ready, Set, Build - DA Approved Site

  • Prime Hobart Inner City Development Site
  • DA for 39 apartments + 2 Commercials
  • Good holding income from car parks

High quality, Hobart inner city development opportunity in a market that continues to lead the nation in residential price growth and with a record low residential vacancy rate.

All of the hard work has been done with the property being sold with a brand new DA for a four level building comprising 39 residential apartments (9 x 1 bedrooms, 27 x 2 bedrooms and 3 x 3 bedrooms), plus 2 ground floor commercial units and 38 secure car parks.

The property is situated on a prime inner city corner site on the north western fringe of Hobart's CBD and within close proximity to the University of Tasmania's precinct. The property is also within easy walking distance to North Hobart's popular restaurant and cafe strip.

Opportunity not to be missed as Hobart continues to transition into a more vibrant modern city benefiting from advancing structural change. Demand for Hobart's inner city residential accommodation only going to grow stronger as the University of Tasmania relocates from its Sandy Bay Campus into the city.

Property Highlights

Property ID2015513535
Floor Area1,705 m²
Land Area1,705 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  13 Jan 2020
Map for Site/209-215 Harrington Street Hobart TAS 7000
Map for Site/209-215 Harrington Street Hobart TAS 7000Site/209-215 Harrington Street Hobart TAS 7000
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Knight Frank - Tasmania
5 Victoria Street Hobart TAS 7000

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