Knight Frank has the exclusive opportunity to offer for sale this stunning freehold property situated in one of Tasmania's most tightly held precincts, Salamanca.
Key highlights of the property include;
Fully leased freehold investment in Tasmania's most affluent suburb, Battery Point
Diversified investment with five separate tenants, with an opportunity for rental growth in the short to medium term
Modern office fitouts on level 1 and 2, and the opportunity to reconfigure the ground floor layout at lease expiries if a single retail tenant is preferred**
Considerable Georgian Sandstone freehold building in excellent condition, with NLA of 725 sqm*
Sizeable land area of 370 sqm* with the opportunity to provide rear access to the building via Kelly Street**
Two (2) on-site car spaces
Superbly located in the world-renowned Salamanca waterfront precinct, boasting over 1m* visitors per year
Potential for a residential conversion on the upper floors**
Estimated passing Net Income of $207,052* plus GST (before owner outgoings)
For Sale by Expression of Interest, closing Thursday, 30 November 2023 at 4pm (AEDT)
*Approximate
** STCA