New Coles & Kmart anchored shopping centre with development value-add
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Officeworks, Hobart CBD, Tasmania
FREESTANDING CBD OFFICEWORKS INVESTMENT - NEW 5 YEAR LEASE WITH FIXED 4% ANNUAL INCREASES
- Land Area:
3,236 m2 - Floor Area:
2,785 m2 - Whole or Part of Building:
Whole Building - Tenancy:
Tenanted Investment - Income:
$725,000.00 + GST - Car Parks:
49 - Lease:
5 year net lease
OVERVIEW
- A dominant 2,785sqm* freestanding Officeworks (Subsidiary of Wesfarmers) investment prominently positioned in the Hobart CBD
- Recently renewed 5 year net lease expiring 2023, with fixed annual increases of 4%
- Convenient 49 car spaces* on title including basement car park
- Net annual income of $725,000 per annum* (as at October 2018)
LOCATION
- Highly exposed triple street frontage Central Commercial Zone land holding of 3,236sqm* in the Hobart CBD