Fully tenanted landmark asset offered for the first time in 25 years
Elders Commercial in conjunction with JLL is pleased to present for sale, 111 Macquarie Street, Hobart. A rare opportunity to acquire a landmark office investment in Australia’s most tightly held CBD market.Details of the opportunity include:
+ One of Hobart CBD's finest office buildings, occupying one of the city's most prestigious position
+ The former RBA building, a 7,517 sqm architectural icon blending history with institutional provenance
+ 100% occupied with a 4.5-year WALE (by area)
+ $11m invested since 2019, including lobby, tenancy, base building upgrades and works to fully electrify the building
+ Blue chip tenant profile, anchored by government and high-quality corporates
+ Invest in Australia’s tightest office market, with A-Grade vacancy at just 2.9%
A 100% freehold interest in 111 Macquarie Street, Hobart is offered for sale via International Expressions of Interest closing Wednesday November 4, at 3pm (AEDT).
To obtain further information or to arrange an inspection, please contact agents.
Scott Newton | 0409 186 261
Richard Steedman | 0408 559 046
Features
General Features
- Land Area: 1,186 sqm
- Commercial Type: Offices
- Building Area: 7,517sqm
- Zoning: Central Business
Can I afford Whole Building / 111 Macquarie Street?
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