Rarely Available CBD Freehold
Freehold opportunities of this nature are rarely available and offer a unique opportunity to invest in Hobart’s core CBD. This ornate character property built circa 1900 is positioned with prime frontage on Collins Street’s retail strip and is close by to Elizabeth Mall, Cat & Fiddle Arcade and the Trafalgar Centre. The ground level of 56m2 approximately is currently vacant with an existing medical use, however is ripe for conversion to retail. The first floor of 52m2 is leased monthly to a chiropractor offering an immediate cash flow, or the premises can be offered on a vacant possession basis. This is an attractive asset that in the right hands will reach its potential.