334 Elizabeth Street
North Hobart TAS 7000
For Sale at Offers Over $2.7 million
Fully Leased Multi-Tenanted Investment with Recently Renewed Lease to Anchor Tenant
Elders Commercial are pleased to present for sale 334 Elizabeth Street, North Hobart - a fully leased, multi-tenanted commercial investment positioned in one of Hobart's most tightly held precincts.Situated just 1.5 km* from the Hobart CBD, this high-profile property benefits from significant passing traffic, excellent exposure, and proximity to North Hobart’s vibrant retail and hospitality strip.
Key highlights include:
- Fully leased to 3 tenants with a Weighted Average Lease Expiry (WALE) of 3.2 years*
. The anchor tenant, Commercial Broadcasters is a long term occupant of the building and recently extended their lease through to 31 December 2028.
- Situated in a strategic, high profile position within North Hobart’s popular commercial precinct.
- Fully air-conditioned and lift serviced building with a lettable area of 818* sqm
- Secure internal car parking for 4* cars plus external parking for an additional 4* cars
- Excellent street presence with broad Elizabeth Street frontage and prominent signage opportunities
- Current Net Income of $189,901* pa + GST
- Flexible "Urban Mixed Use" zoning
This is a rare opportunity to secure a quality, income-producing asset in a tightly held Hobart location, with long-term upside.
For more information or to arrange an inspection, please contact Richard Steedman.
*Approximate
Features
General Features
- Commercial Type: Offices
- Building Area: 818sqm
- Zoning: Urban Mixed Use
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Elders Real Estate Hobart
Enquire about 334 Elizabeth Street, North Hobart, TAS, 7000