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334 Elizabeth Street

North Hobart TAS 7000

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Fully Leased Multi-Tenanted Investment with Recently Renewed Lease to Anchor Tenant

Elders Commercial are pleased to present for sale 334 Elizabeth Street, North Hobart - a fully leased, multi-tenanted commercial investment positioned in one of Hobart's most tightly held precincts.

Situated just 1.5 km* from the Hobart CBD, this high-profile property benefits from significant passing traffic, excellent exposure, and proximity to North Hobart’s vibrant retail and hospitality strip.

Key highlights include:
- Fully leased to 3 tenants with a Weighted Average Lease Expiry (WALE) of 3.2 years*
. The anchor tenant, Commercial Broadcasters is a long term occupant of the building and recently extended their lease through to 31 December 2028.
- Situated in a strategic, high profile position within North Hobart’s popular commercial precinct.
- Fully air-conditioned and lift serviced building with a lettable area of 818* sqm
- Secure internal car parking for 4* cars plus external parking for an additional 4* cars
- Excellent street presence with broad Elizabeth Street frontage and prominent signage opportunities
- Current Net Income of $189,901* pa + GST
- Flexible "Urban Mixed Use" zoning

This is a rare opportunity to secure a quality, income-producing asset in a tightly held Hobart location, with long-term upside.

For more information or to arrange an inspection, please contact Richard Steedman.

*Approximate

Features

General Features

  • Commercial Type: Offices
  • Building Area: 818sqm
  • Zoning: Urban Mixed Use

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Elders Real Estate Hobart

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