The Chowk, 1/124 Davey Street,
Hobart, TAS 7000
Hotel, Motel & Leisure • Shops & Retail
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Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
The Chowk, 1/124 Davey Street
Hobart, TAS 7000
Map of The Chowk, 1/124 Davey Street
Freehold Hotel Investment
- Prominent high profile corner location
- Strong 7.5% return
- Substantial building area of 990sqm*
We are delighted to be marketing for sale a hospitality investment at 1/124 Davey Street, Hobart.
More commonly known as Hotel Soho and now operating as ‘The Chowk’, 1/124 Davey Street has been an essential part of the Hobart pub and entertainment scene for over 30 years.
The property features a large flexible entertainment space suitable for a dining capacity of up to 280 patrons, over 2 levels. The operator has a lease until October 2026 plus options and with an estimate net annual rent of $172,301* (as at October 2023).
With a gross lettable area of 990 sqm*, the site is significant and occupies a commanding position on the corner of Davey and Molle Street, Hobart. The property is equipped with a near-new commercial kitchen, cool and dry room, two large bars, 16 beer fonts and a separate managers flat.
The owner is separately offering 10 Molle Street (8 accommodation rooms), which would supplement the pub offering superbly.
More commonly known as Hotel Soho and now operating as ‘The Chowk’, 1/124 Davey Street has been an essential part of the Hobart pub and entertainment scene for over 30 years.
The property features a large flexible entertainment space suitable for a dining capacity of up to 280 patrons, over 2 levels. The operator has a lease until October 2026 plus options and with an estimate net annual rent of $172,301* (as at October 2023).
With a gross lettable area of 990 sqm*, the site is significant and occupies a commanding position on the corner of Davey and Molle Street, Hobart. The property is equipped with a near-new commercial kitchen, cool and dry room, two large bars, 16 beer fonts and a separate managers flat.
The owner is separately offering 10 Molle Street (8 accommodation rooms), which would supplement the pub offering superbly.
Property ID: 504407148Last Updated: 17 Apr 2024
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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