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Burgess Rawson - Melbourne

Nandos, 345 Elizabeth Street North Hobart, TAS 7000

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Nandos, 345 Elizabeth Street,
North Hobart, TAS 7000

Shops & Retail • Offices

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Burgess Rawson - Melbourne
Beau Coulter

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Nandos, 345 Elizabeth Street
North Hobart, TAS 7000

Map of Nandos, 345 Elizabeth Street

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Secure 10 Year Net Lease

  • Prime 776 sqm corner art deco building
  • Recent major $600,000 tenant upgrade
  • Fixed 3% annual rent increases
Trophy, art deco freehold investment.
Secure 10 year lease with 3% annual increases.
Hobart/TAS: Australia’s fastest growing economy.
Nando’s: global giant with over 1,000 restaurants across 35 countries.
High profile 776 sqm corner building boasting excellent 40 metre frontage.
Brand new $600,000 tenant fit-out to Nando’s latest corporate standard.
Supported by complementary food and beverage operators as well as the State Cinema, NAB, Commonwealth Bank, Subway and Australia Post.
Elizabeth Street: key entertainment and dining precinct less than 2km from CBD with Hobart’s most intensive concentration of restaurants.
Diversified investment with secure, supplementary income from two fully-leased first floor apartments, providing direct access to Australia’s #1 residential market with 8.78% annual unit price growth.
Net Rent: $183,108 pa

Auction 11am AEDT Wednesday 3 April 2019
River Room, Crown Casino, Melbourne

Property ID: 503122898Last Updated: 14 Sep 2020

Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Elders Real Estate - Hobart
5 Victoria Street
HOBART, TAS 7000
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