Knight Frank is delighted to offer for sale a rare CBD commercial ground floor strata opportunity that suits a variety of medical and professional uses (STCA).
The property is currently leased on a monthly basis to BODYSYSTEM PHYSIO, however if you would like to occupy the property, one months’ notice to vacate can be provided to the Tenant. The Tenant has expressed interest in extended their lease term and welcomes lease discussions with the future owner.
The current annual net income is $29,781 plus GST, plus outgoings (approximately $5,018 plus GST). This rental amount is considered below the estimated market rental parameters, suggesting potential for future rental growth in the short-medium term.
The property is minutes’ walk to the Hobart CBD, Royal Hobart & Hobart Private Hospitals and popular waterfront precinct, and is serviced by public transport on Macquarie Street.
With record low interest rates has there ever been a better time to buy your own premises?
The property is For Sale by Expressions of Interest closing Thursday 17 September 2020 at 4:00pm AEST.
For more details, please email agent