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Nandos, 345 Elizabeth Street, North Hobart, Tas 7000

Nandos, 345 Elizabeth Street, North Hobart, Tas 7000

Retail Offices

  • Sold Contact Agent
  • Wed 03-Apr-19

Secure 10 Year Net Lease

  • Prime 776 sqm corner art deco building
  • Recent major $600,000 tenant upgrade
  • Fixed 3% annual rent increases

  • Floor Area
  • 776 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jun 06, 2019

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7,140 Bourke Street

Melbourne Vic 3000

Beau Coulter, Burgess Rawson - Melbourne
Beau Coulter
Billy Holderhead, Burgess Rawson - Melbourne
Billy Holderhead
Knight Frank - Tasmania

5 Victoria Street

Hobart Tas 7000

Matthew Wright, Knight Frank - Tasmania
Matthew Wright

Secure 10 Year Net Lease

Trophy, art deco freehold investment.
Secure 10 year lease with 3% annual increases.
Hobart/TAS: Australia’s fastest growing economy.
Nando’s: global giant with over 1,000 restaurants across 35 countries.
High profile 776 sqm corner building boasting excellent 40 metre frontage.
Brand new $600,000 tenant fit-out to Nando’s latest corporate standard.
Supported by complementary food and beverage operators as well as the State Cinema, NAB, Commonwealth Bank, Subway and Australia Post.
Elizabeth Street: key entertainment and dining precinct less than 2km from CBD with Hobart’s most intensive concentration of restaurants.
Diversified investment with secure, supplementary income from two fully-leased first floor apartments, providing direct access to Australia’s #1 residential market with 8.78% annual unit price growth.
Net Rent: $183,108 pa

Auction 11am AEDT Wednesday 3 April 2019
River Room, Crown Casino, Melbourne

Nandos, 345 Elizabeth Street, North Hobart, Tas 7000

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