Sold

83 Murray Street,
Hobart 7000, Tasmania

18 car spaces
458m² land size
Land/Development

Price withheld


Property details

Hobart CBD Development site, with holding income

RWC Tasmania is pleased to present for sale 83 Murray Street, a inner-city development site, ideal for an experienced developer, investor, or adjoining landlord.

Located in the heart of Hobart's CBD, the property sits within the city's main retail core, directly opposite the Hanging Garden hospitality precinct, adjoining the State Library, and surrounded by multi-tenanted office buildings, as well as a range of leading national and international retailers.

Contained within the 458 sqm* includes 18* surface car parks, currently leased to Secure Park until 30 April 2027, generating a projected (May 25) gross income of $71,385* per annum. The lease also includes a 3-month break clause, offering flexibility for future development (STCA), an investor to boost the current income or an adjoining owner to annex the car parks on-to their existing building's tenancy offering.

For more information or to arrange an inspection, please contact the undersigned.

*Approximately

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