Rich in history this land mark building is an institution in Hobart. Georgian (C1849) cottage in lovely Battery Point precinct. Leased to ‘Kelly’s Restaurant’- an outstanding award winning seafood restaurant with many years of successful trading history. The property is zoned residential with "existing use rights" as a commercial restaurant. The property is heritage listed to maintain the buildings historic beauty. The car park area could be further developed as a building extension or other improvements (STCA).
Located at 5 Knopwood St, Battery Point which is only minutes walk to Salamanca Place and Salamanca Market. Great opportunity to acquire a property in the heart of cafe culture and shopping. The building is currently leased to October 2008 with a further 3 year option. Currently returning $42,000 pa inclusive of GST plus outgoings together with a 5% annual review. Building size 233sqm and land size 397sqm. Don’t miss this opportunity. Clear instructions to sell by negotiation. Your further inquiry and inspection is welcome.