87 Newdegate Street
West Hobart TAS 7000
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West Hobart Freehold with Secure Income and Capital Upside
Elders Commercial are pleased to present to market 87 Newdegate Street, West Hobart - a rare and tightly held mixed-use freehold offering in one of Hobart’s most sought after city fringe locations.Fully leased to longstanding hair stylist Zero Designs and complemented by a separately let residential tenancy, the property provides an immediate dual-income stream with strong underlying land value.
Situated just moments from the North Hobart café strip and minutes from the CBD, this versatile asset offers investors secure cash flow, capital growth potential, and flexible future upside.
Opportunities of this calibre are seldom offered in a location with such a strong growth trajectory. The asset appeals equally to residential and commercial investors, as well as buyers seeking to secure a foothold in the ever-popular West Hobart precinct.
The property is offered for sale by offers over $900,000.
Please contact Liam Coyle 0407 868 370 for further details.
Features
General Features
- Land Area: 369sqm
- Commercial Type: Retail
- Building Area: 192sqm
- Zoning: General Residential
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