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Elders Real Estate - Hobart

66-80 Collins Street Hobart, TAS 7000

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66-80 Collins Street,
Hobart, TAS 7000

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Elders Real Estate - Hobart
Scott Newton

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
04091862...
Elders Real Estate - Hobart
66-80 Collins Street
Hobart, TAS 7000

Map of 66-80 Collins Street

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Landmark Value Add Opportunity

  • Strategic location in health precinct
  • Leased to Government & Telstra
  • Strong Hobart Office Market
Hobart landmark "A" grade office building, situated on prime corner site opposite the Royal Hobart and Hobart Private Hospitals and approximately 100 metres from the Elizabeth Street Mall.

Key Investment Highlights include:

- NLA of 10,037 sqm (approx) plus 55 car parks
- Fantastic water views and natural light
- High quality State Government and Telstra lease covenants
- Approximately 85% leased
- NABERS rating of 3.5 stars
- Current Net Income of $2.43 million pa + GST (approx)
- Signifiicant value add opportunity in a strengthening office market, which is currently the 3rd strongest capital city office market in Australia.
- Hobart's CBD continues to transition into a more vibrant modern city, benefiting from advancing structural change.

For Sale by Knight Frank and Edwards Windsor via Expressions of Interest closing Thursday, 29 August 2019.

Property ID: 503280366Last Updated: 13 Apr 2022

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