Sold   $772,500


St Andrews Estate Agents have been appointed as the exclusive selling agents of Shop 4, 120 Elizabeth Street, Hobart, Tasmania.

Securely leased retail asset with 7+7 year lease, commencing 16th March 2017, with 3% annual increases.

Net rent $41,504.44 per annum.

Extensively renovated and well appointed throughout. Comprising seating for 42, new kitchen/food preparation area, air-conditioning, bi-fold windows to street and bathroom amenities.

Secure rear lane access off Melville Street on title.

Vibrant city position, close to UTAS Hobart Apartments (430) surrounded by a mix of food, general retail, apartment and showroom uses and only 500 metres north of the Mall.

Ideal addition to your portfolio, whether that be a SMSF or other entity.  

This property is being sold via expressions of interest closing 5pm 19th April 2018.