Federal Government, 1-3 Longreach Avenue,
Dowsing Point, TAS 7010

Renewed lease plus option to 2027 to the Commonwealth of Australia.
Tasmanian Smart Centre and Australian Passport Information Centre (Call Centres).
Rare fixed 3.5% annual rent increases assuring growth.
Ultra-modern 2,506sqm freehold building designed by Woods Bagot and developed by Harmony in 2008.
Significant taxation saving depreciation.
Energy efficient building with 5-star NABERS rating.
Highly sought after ‘essential service’ investment.
Magnificent 16,989sqm foreshore site with uninterrupted views of the River Derwent and metro Hobart.
Important 185 car spaces on-title.
Exceptional long-term development potential (STCA).
Current low 5.1% office vacancy rates in Hobart – under half the national vacancy rate of 11.7%.
Strategic position within the Tasmanian Government owned Techno Park, adjoining Qantas call centre.
Hobart: 16.5% median house price growth, 5.9% above national average.
Net Income: $1,067,288 pa + GST

For Sale by Expressions of Interest
Closing 4pm (AEST), Thursday 26 August 2021


Burgess Rawson
Raoul Holderhead: 0413 860 3...
Beau Coulter: 0413 839 8...
Matthew Wright: 0458 290 588

Knight Frank
Richard Steedman: 0408 559 046
Scott Newton: 0409 186 2...