Versatile mixed-use asset comprising three self-contained apartments and a fully leased restaurant occupied by the highly regarded 'Trophy Room' restaurant.
Occupying a level, corner land holding within a popular and vibrant inner suburban setting, this well maintained and beautifully presented property, offers the incoming purchaser a range of options.
1. Continue the existing short-stay operation whereby Hosting Hobart manage all of the apartments on behalf of the owner, in addition to obtaining income from the fully lease restaurant.
2. Partially owner occupy the property, short-term lease the smaller self-contained apartments and continue receiving rents from the restaurant.
3. Consider long-term tenancies for all or some of the apartments whilst also continuing to receive rents from the restaurant.
The property is superbly presented, comes fully furnished, has forward bookings and benefits from good offstreet parking including undercover parking beneath a carport.
More detailed financial information can be supplied upon request.
This represents a terrific opportunity to acquire a strong income producing property at an affordable price range within a highly desirable inner suburban setting, close to North Hobart shops, Friends School, and a short drive north of Hobart city Centre.
Building area: 268m² approx
Land area: 348m² approx
Outgoings (approx):
Council Rates: $8,186 p.a.
Water Rates: $5,164 p.a.
Land Tax: $3,566 p.a.
