151 Macquarie St Hobart – Three storey building for sale in an Excellent Macquarie Street Location.
The ground floor shop has a long term tenant (till 2018) providing steady income.
The two floors above provide short and medium term rental accommodation for professional singles and couples. Divided into 12 bedrooms with shared bathrooms (4) and kitchen it maintains between 85 to 95% occupancy creating yet another steady income stream allowing approx. 6.5% yield for the building overall.
There may be potential to convert the above two floors to offices or consulting rooms.
Don’t miss out on this unique opportunity call John White 0429 911979 or Garry Quan 0403 218444 from Roberts Commercial now!
Price; $1.7 million Building Size; 580m2 Land Size; 250m2