220-224 Liverpool Street, Hobart TAS 7000

AUD 1,845,000
For Sale

Property Details

Bedrooms

6

Bathrooms

5

Property Type

Block of Units

Description

Property Details: • Type: Block of Units

• Bedrooms: 6 • Bathrooms: 5

Description: 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.

Location

Address

220-224 Liverpool Street, Hobart TAS 7000

City

Hobart

Features and Finishes

None

Legal Notice

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