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Tilford Auto Group, 35-53 Brisbane Street, Hobart, Tas 7000

Tilford Auto Group, 35-53 Brisbane Street, Hobart, Tas 7000

Retail Showrooms/Bulky Goods

  • Sold Contact Agent
  • Mon 17-Jun-19

10 + 10 Year Lease back to Tilford Auto Group

  • 10 year lease from May 2019
  • Net rent of $993,543
  • Lettable area 7,651 sqm (approx) gross

  • Floor Area
  • 7,651 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jun 17, 2019
  • Zoning
  • Commerical

Interested in this property? Contact an Agent today

Knight Frank - Tasmania

5 Victoria Street

Hobart Tas 7000

Scott Newton, Knight Frank - Tasmania
Scott Newton
Matthew Wright, Knight Frank - Tasmania
Matthew Wright

10 + 10 Year Lease back to Tilford Auto Group

Knight Frank Tasmania is proud to present to the market 35-53 Brisbane Street, Hobart complete with 10+10 year lease back to generational automotive retailer Tilford Auto Group.

The property occupies an outstanding corner location with two frontages on the western fringe of Hobart’s growing CBD and offers approximately 9,395 sqm of land area. Tilford Auto Group is a major business with Ford, Honda, Jaguar, Skoda & Land rover quality retail showrooms as well as a large service centre all on the one site. The current net rental of $993,543 per annum makes this not only an attractive immediate investment but a strategic long term landbank opportunity of a key site located a stones throw from the CBD.

Tasmania is currently Australia’s fastest growing economy, #1 state for house price, economic and wage growth and with auto sales up 10% compared to decade averages. (Source ABS and Comm Sec). Has there been a better time to secure a significant investment opportunity such as this?

Tilford Auto Group, 35-53 Brisbane Street, Hobart, Tas 7000

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