211 Elizabeth Street, Hobart TAS

For Sale


$1,100,000 + GST


211 Elizabeth Street, Hobart occupies a prime position on the fringe of Hobart's CBD on the corner of Elizabeth and Patrick Streets. This property represents a wonderful investment opportunity and would appeal to small, medium and large investors alike. The broad tenancy range of retail, office, hospitality and residential means that the investor is not exposed to one particular tenancy type and as such makes this a very low risk investment.

The properties are in very good condition and scope exists for further development STCA. Many leases are long term with high quality tenants and past vacancy rates have been virtually non-existent. The property is highly recommended, offering a range of positive attributes including: strong location and profile, good tenancy mix, strong leases and, onsite parking.

Approximate net returns are as follows is $83,293pa