39 Sandy Bay Road, Hobart TAS

For Sale

Offices

SOLD

1847m2

Knight Frank has the exclusive opportunity to offer for sale or lease the Retirement Benefits Fund Headquarters at 39 Sandy Bay Road, Hobart, and the adjacent "Araluen", 104 Hampden Road, Battery Point.

The properties are to be offered as one parcel or separately by Expressions of Interest closing 12th July 2012.

39 Sandy Bay Road presents an opportunity to secure a large, modern serviced commercial building supported by 22 car parks within proximity of 1 kilometre from the CBD of Hobart. 39 Sandy Bay Road is ideally suited to those seeking corporate headquarters in Hobart as this property will accommodate most businesses within its 1,676m2 net lettable area.

"Araluen" presents an opportunity to acquire a Tasmanian Heritage listed office building with excellent off street car parking and significant owner occupier appeal. The current office layout would suit a wide range of owner occupiers, or would lend itself to an easy residential conversion.

The current low interest rate and funding cost environment has created a perfect acquisition scenario.

39 Sandy Bay Road provides a unique opportunity for investors and owner occupiers to acquire a quality, landmark office building in a prestigious location.

The building is a modern, fully serviced building with excellent profile and exposure to Sandy Bay Road.

Properties in the area, and in particular of this size and quality, are rare to the market and tightly held.

Its location close to the CBD and Salamanca, with extensive 22 space onsite parking, will certainly appeal to those looking for modern, fully serviced premises that give the occupant and excellent corporate image.

The property could be sublet to multiple tenants, with separate services to each floor and independent electricity sub boards.

104 Hampden Road offers a functional suite of professional offices, in a beautifully maintained heritage building of 171m2. With good onsite parking for up to 6 cars, full communication services and staff amenities, and even a break out area for staff out the back.

This property would suit owner occupiers or tenants who require offices or consulting rooms, handy to the CBD and Salamanca, in the prestigious suburb of Battery Point.

Inspections strictly by appointment