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73-81 Murray Street, Hobart, Tas 7000

73-81 Murray Street, Hobart, Tas 7000

Offices Retail

  • For Sale
  • Contact Agent
  • Expression of Interest

Fully leased investment in Australia's best performing economy

  • Outstanding, central CBD location
  • Diversified income streams
  • Fully leased

  • Floor Area
  • 2,333 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Oct 23, 2021
  • Zoning
  • Central Business

Interested in this property? Contact an Agent today

Knight Frank - Tasmania

5 Victoria Street

Hobart Tas 7000

George Burbury, Knight Frank - Tasmania
George Burbury
Richard Steedman, Knight Frank - Tasmania
Richard Steedman
Colliers - Melbourne

Level 30, 367 Collins Street

Melbourne Vic 3000

Fully leased investment in Australia's best performing economy

Knight Frank and Colliers are delighted to present an exceptional freehold mixed retail and commercial investment located in the heart of Hobart’s city centre.

“Murray House”, 73 – 81 Murray Street, Hobart is well located being only 50 metres north west of Hobart’s central retail block in a sought after and highly convenient location. The property has an extensive street frontage of approximately 37m and occupies a prominent position with a high level of passing pedestrian and vehicular traffic.

The property is fully leased to a mixture of retail, office and education tenants with a current net income (before operating expenses) of approximately $586,021 pa and a WALE of circa 2.3 years. The property is part four levels with ground floor retail and the two upper levels and a smaller lower ground floor level utilised for office and education use.

This asset provides significant value add opportunities including further development in time with potential to increase the building height (STCA) given the current low rise improvements; refurbishment or rental growth.

Murray House offers a rare opportunity to acquire a commercial investment

73-81 Murray Street, Hobart, Tas 7000

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