Address available on request,
Hobart, TAS 7000

It is with pleasure Edwards Windsor offer for sale 242 Liverpool Street, subject to a five year lease to Tote Tasmania, commencing 1 March 2010, at a current net rent of $329,336 per annum

The entire property is leased by Tote Tasmania, a Government Business Enterprise, wholly owned by the State Government of Tasmania.

The premises provide a well maintained office building, located on a prominent corner location opposite a number of new developments within the Hobart CBD.

The property features:

· Prominent CBD corner location, within Tasmania’s Capital City
· Single tenanted building leased to a State Government owned enterprise
· Freestanding, well maintained office building
· Natural light from all frontages
· Excellent on site, secure parking
· Single tenant, minimum management
· Net income, with lessee paying all outgoings
· Fixed 4% rental adjustments
· Readily sub dividable building layout

The combination of the security of a five year lease to a State Government owned business enterprise, prominent corner location and net income are the primary reasons we strongly recommend your consideration of this excellent investment.

242 Liverpool Street is offered for sale, subject to the existing lease, by Formal Expressions of Interest, closing 3.00pm, on Thursday 17th March 2011, at the office of Edwards Windsor, Level 2, 89 Brisbane Street, Hobart.