Rich in history this land mark building is an institution in Hobart. Georgian (C1849) cottage in lovely Battery Point precinct. Leased to ‘Kelley’s Restaurant’- an outstanding award winning seafood restaurant with many years of successful trading history. The property is zoned residential with “existing use rights” for commercial restaurant purposes. 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.