Hobart 7000
Positioned in the vibrant heart of Hobart’s CBD, this exceptional mixed-use property presents a rare opportunity to secure a blue-chip investment with a strong and diversified income stream. Comprising five fully leased tenancies across retail and residential sectors, the asset delivers stability and long-term growth potential in one of Tasmania’s most tightly held commercial precincts.
The ground floor features three well-established commercial tenants, each secured by long-term leases with annual CPI increases, ensuring reliable and consistent returns. Complementing the retail component are two self-contained residential apartments on the upper level, providing additional income and further diversification.
Currently generating a total income of $129,802.76 per annum, this property offers investors immediate cash flow with the added benefit of future rental growth and lease security.
Investment Highlights:
Prime CBD location in the heart of Hobart
Mixed-use zoning combining retail and residential opportunities
Five fully leased tenancies providing a diversified income stream
Strong annual income of $129,802.76 pa
Secure commercial leases with CPI increases.
Two residential apartments enhancing income stability
Total outgoings = $16,838.44 pa (approx)
44% of outgoings recoverable under the terms of the commercial leases ($7,408.91pa approx.)
This tightly held asset offers an exceptional opportunity for investors seeking a secure, income-producing property with long-term upside in Hobart’s thriving city centre. With its strategic location, strong tenant mix, and reliable returns, this is an investment not to be missed.
A virtual walk through video is available upon request.