98-102 Elizabeth Street,
Hobart, TAS 7000

Shops & Retail • Hotel, Motel & Leisure • Offices

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$4,525,000

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HOBART'S FINEST CBD HERITAGE INVESTMENT Totally Refurbished - Fully Leased – High Net Income

98-102 Elizabeth Street is one of Hobart's best CBD investment properties to be offered in decades!
The present owner has totally redeveloped and refurbished this heritage icon into a commercially innovative and modern investment property. It is offered fully leased on excellent lease terms to six quality tenants plus two 'high end' luxury holiday apartments with potential to owner/occupy as luxury townhouses or professional offices(STCA). Passing net rental income estimated over $320,000 plus substantial tax depreciation benefits. Fully compliant & approved with nothing to spend! Assured capital growth in revitalised Hobart CBD and close proximity to new UTAS developments. A truly unique investment gem!

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Property ID: 502191498Last Updated: 17 Aug 2017

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