20-22 Francis Street
Battery Point TAS 7004
Contact Agent
Rare Battery Point Freehold Investment in Iconic Dining Precinct
20–22 Francis Street, Battery Point presents a rare opportunity to acquire a fully leased, dual-tenancy investment in Hobart’s premier dining precinct. Positioned in the heart of historic Battery Point, the property enjoys strong pedestrian traffic, excellent visibility, and enduring heritage appeal.Generating a net income of $111,045 per annum* with a WALE of 4.2 years*, it is leased to two established tenants. Occupying a prominent corner site just 500m* from Salamanca and 1 km* from Hobart CBD, this proven hospitality destination offers a long-term investment and capital growth potential.
Key Highlights:
• Situated in Hobart’s most historic and sought-after dining precinct with high pedestrian and tourist traffic.
• Generates $111,045* net income per annum, underpinned by two established hospitality tenants.
• Elevated position with dual street frontage, enhancing visibility and access. Includes an upper-level sundry space equipped with modern amenities.
• Weighted Average Lease Expiry supported by two 5-year net leases with options.
• Flexible planning designation under the Tasmanian Planning Scheme allows for diverse future uses.
• Over 40 years of consistent commercial activity in the precinct supports long-term investment confidence.
• Just 500m* from Salamanca and 1km* from Hobart CBD, with proximity to major amenities and transport links.
For Sale by offers over $2 million.
To arrange an inspection, contact Scott Newton or James Black.
*Approximate
Features
General Features
- Land Area: 389sqm
- Commercial Type: Retail
- Building Area: 389sqm
- Zoning: Urban Mixed Use
Can I afford 20-22 Francis Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
Calculators
Elders Real Estate Hobart
Enquire about 20-22 Francis Street, Battery Point, TAS, 7004