85-87 Salamanca Place, Battery Point TAS

For Sale




Very few opportunities exist to purchase freehold heritage assets in Salamanca Place — one of the most sought after locations in Australia.

- Substantial c1830’s Georgian heritage property in historic Salamanca Place on Hobart’s waterfront and within 500m (approx) of the Hobart CBD.
- Famously known as the ‘Ball & Chain Grill’, one of Hobart’s premier restaurants for the last 40 years.
- In 2008, four high quality, self-contained apartments were constructed and renovated on the upper floors, each with their own car space.
- Five separate strata titles are offered for sale individually or in one line: Units 1-4 are the apartments managed by ‘Sullivans Cove Apartments’; Unit 5 is leased to the Ball & Chain Grill which occupies two levels.
- Total approx. net income is estimated at $378,390.