LAND AREA 1596M
Occupies a prime position on the fringe of Hobart’s CBD on the corner of Elizabeth and Patrick Streets. Situated on four separate titles, the properties are for sale as one parcel, or available separately.
These properties represent a wonderful investment opportunity with the option of purchasing individually or as one lot allowing this investment to appeal to small, medium and large investors alike.
The broad tenancy range of retail, office, hospitality and residential means that the investor is not exposed to one particular tenancy type and as such makes this a very low risk investment.
The property is highly recommended, offering a range of positive attributes including: strong location and profile, good tenancy mix, strong lease and onsite parking.
Approximate net returns are as follows:
- 211 Elizabeth St $83,293pa – 213 Elizabeth St $51,358pa
- 215 Elizabeth St $13,725pa – 217 Elizabeth St $58,117pa