Unit 2, 10 Magnet Court,
Sandy Bay, TAS 7005

Elders Commercial proudly presents the opportunity to acquire a high-quality strata titled office in Sandy Bay's tightly held, Magnet Court. The property has been recently refurbished with high end finishes and boasts a high-profile commercial position in the affluent suburb of Sandy Bay, just two kilometres* from the Hobart CBD.

Key highlights of the offering include;
• Strategic location: Situated in the Magnet Court commercial complex, home to premium tenants Terry White Chemist, Anytime Fitness, Jun Lin Massage, Acai Brothers and Liv Eat.
• Building features: First floor strata office, recently refurbished to a high-end standard, comprising 4 north-facing offices each benefitting from natural light, large open plan common room with quality finishes, bathroom facilities and kitchenette.
• Zoning: 'General Business' under the Hobart Interim Planning Scheme 2015.
• Occupancy status: Multiple tenants occupying on a month-by-month basis.
• Accessibility: Easily accessed via Sandy Bay Road, which provides access from Sandy Bay and Taroona to Hobart’s CBD and beyond.
• New wiring and switchboard, minimal maintenance asset
• Vacancy Rate: Hobart has the lowest office vacancy rate of any Australian capital city
• Estimated Net Income: $37,631 pa excl GST.

Method of Sale: Expressions of Interest closing Thursday 8th August 2024 at 4pm (AEST).

For more information and to arrange an inspection, please contact George Burbury or Mia Lilley.

*approximate