CENTRAL CORNER POSITION ON THE STRIP – NEW 7 YEAR LEASE
• High exposure corner position in the heart of the iconic North Hobart restaurant-retail strip. Less than 1.5km from Hobart CBD.
• Part two storey building (402m² approx) configured as a stylish ground floor restaurant-bar (extensively refurbished 2019) and versatile first floor accommodation with separate Elizabeth street access.
• Existing Planning Permit to redevelop the upper level building and deck area as a separate bar.
• Fully leased as one tenancy with popular food & beverage venue “Lizzie & Lefroy” operating from the ground level.
• New 7 year lease just commenced – Rental $155,000 per annum plus outgoings.
• A rare opportunity to secure a high calibre investment in this tightly held restaurant-retail strip.
For Sale By Expressions of Interest closing Tuesday, 17th August 2021 at 3.00PM