This mixed ‘use’ property comprises a two storey residence with adjoining ground level offices 256m, and rear workshop of 89m. The premises has prime frontage to the Brooker Highway and is in close proximity to Hobart’s CBD and Northern suburbs. The property is being sold subject to existing short term leases, however there is potential to owner occupy part or the whole property upon lease expiry. A substantial renovation is needed to bring this circa 1900′s residence back to its former glory which could be staged in line with the current leases to generate income growth or a full redevelopment of the site undertaken at a later date (STCA).
This is a unique opportunity and one that MUST BE SOLD!
Contact Heather Mason for full details.
EXPRESSIONS OF INTEREST CLOSING 4PM THURSDAY 10TH MAY 2012.