7-9 Franklin Wharf,
Hobart, TAS 7000

7-9 Franklin Wharf holds an exceptional position on the Hobart waterfront, with frontages to the north-west side of Franklin Wharf, the south-eastern side of Morrison Street, and a third frontage is to Post Street; directly opposite Sullivans Cove. It is situated in the heart of the Sullivans Cove precinct and is within walking distance of the Hobart CBD.

The property would suit a variety of uses permitted under the "Sullivans Cove Mixed Use" zoning, including retail, office, residential and tourism (STCA).

The property has two titles, with a total land area of approximately 533 square metres.

7-9 Franklin Wharf consists of two conjoined buildings, each of three storeys, and was completely refurbished in 1990 to bring the accommodation up to contemporary standards. The premises are currently fully leased to five separate tenancies, returning a net income of approximately $153,650 per annum. Total Net Lettable Area of approximately 984 square metres.

The property is for sale by Tender closing at 12 noon, Thursday 10th April 2008, at the offices of the Department of Treasury & Finance, 21 Murray Street, Hobart.

Further information and Tender documents are available from the selling agents, Edwards Windsor.