269/346 Macquarie Street

South Hobart TAS 7004

Property Detail:
269-273 Davey Street - Showroom/Offices now leased to Barrecode as a fitness centre 5+5+5.
The net lettable floor area is approximately 624m?.
There is a paved and landscaped area in front of the building
346 Macquarie Street - Predominately concrete block workshop warehouse and vacant land.
Access is primarily off of Macquarie Street although there is a small frontage to Davey Street/Elboden Street.
Total built area is approximately 1280m? net lettable area which there is an additional area of hardstand at the Macquarie Street frontage.
Occupancy - A workshop area of approximately 390m? is leased to Powerstroke, an automotive repairer. A section of the rear warehouse (upto 508m?) is rented to two separate entities on a casual basis.
Income Detail:
Current individual rental and lease details will be disclosed to individual enquirers at the appropriate time.
Suffice it to say that total income under agreement is minimum $108,000 pa net + GST and all statutory outgoings.
There is some additional casual income from the rear warehouse and there is potential for some further income from the vacant rear workshop.
Additional value could be attributed to the vacant land which fronts onto Macquarie Street.
Potential and Flexibility of the Site:
Owner occupiers, Investors/Developers may all like to cast their collective eye over this property.