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SOLD

430 Macquarie Street, SOUTH HOBART, TAS, 7004

Properties / Sold / Tasmania / South Hobart

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

For Sale by Expression of Interest

Floor Area

271 m² (*approx)

Property Type

Child/Healthcare, Offices, Retail

Sub-type

Health Care & Medical, Office Suites, Mixed Use, Consulting Rooms

Terms

Securely leased until October 2024

Est. Income

$151,220 p/a

Fully Leased

Partnered Health

Car Spaces

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2. Property Highlights

Architecturally redeveloped heritage building occupied by one of Australia’s leading medical groups.

Estimated net income: $151,220 + GST pa
8 on-site car parks
Securely leased until October 2024

Knight Frank present to the market this two-storey heritage building, with modern architectural extension designed by renowned Circa Morris-Nunn Chua Architects.

The property is securely leased to Partnered Health until October 2024 with one 5-year option, and attractive annual increases.

Partnered Health are one of Australia's leading health groups, trading as General Practice Plus.

Partnered Health have over 115 medical centres throughout Australia and New Zealand.

Statutory outgoings and building insurance are fully recoverable from the Tenant.

The asset is situated in the affluent suburb of South Hobart with stunning views of Mt Wellington and easy access to the Hobart CBD via Macquarie Street.

Estimated net income: $151,220 + GST pa

For further information or to arrange an inspection please contact the undersigned agents.

Remember to mention you found this property on CommercialReady

Property Type

Child/Healthcare, Offices, Retail

Sub-type

Health Care & Medical, Office Suites, Mixed Use, Consulting Rooms

Est. Income

$151,220 p/a

Tenant

Partnered Health

Terms

Securely leased until October 2024

Floor Area

271 m² (*approx)

Car Spaces

Selling Method

EOI

Auction Date

2 Mar 2023 04:00PM

Add to calendar

Selling Details

For Sale by Expression of Interest

2. Property Highlights

Architecturally redeveloped heritage building occupied by one of Australia’s leading medical groups.

Estimated net income: $151,220 + GST pa
8 on-site car parks
Securely leased until October 2024

Knight Frank present to the market this two-storey heritage building, with modern architectural extension designed by renowned Circa Morris-Nunn Chua Architects.

The property is securely leased to Partnered Health until October 2024 with one 5-year option, and attractive annual increases.

Partnered Health are one of Australia's leading health groups, trading as General Practice Plus.

Partnered Health have over 115 medical centres throughout Australia and New Zealand.

Statutory outgoings and building insurance are fully recoverable from the Tenant.

The asset is situated in the affluent suburb of South Hobart with stunning views of Mt Wellington and easy access to the Hobart CBD via Macquarie Street.

Estimated net income: $151,220 + GST pa

For further information or to arrange an inspection please contact the undersigned agents.

Remember to mention you found this property on CommercialReady

430 Macquarie Street, SOUTH HOBART, TAS, 7004 South Hobart

Elders Tasmania

5 Victoria Street, Hobart, Tasmania, Australia, 7000

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Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

430 Macquarie Street, SOUTH HOBART, TAS, 7004