• 821 sqm net lettable area
• CBD fringe commercial asset on Main Arterial Road
• Neighbouring residential/hotel development precedent
• Approx 18m street frontage
Occupying a 597sqm allotment on an arterial road connecting Hobart’s city to the
Brooker Highway, 56 – 58 Burnett Street, North Hobart offers a rare opportunity to secure
a significant freehold commercial asset on the fringe of the CBD.
Previously returning $157,635 p/a (net) across four separate tenancies with considerable upside in rent, the site has a total net lettable area (NLA) of 821m2. The site has two showroom tenancies with street frontage to Burnett Street. One office tenancy occupying the whole first floor and the rear garage tenancy currently utilised as storage. This space could also be utilised as a trade tenancy or parking with the added benefit of a DDA compliant bathroom.
The site is footsteps from the recent 66 Burnett Street residential/hotel development positioning the asset within a thriving, high-traffic area of Hobart.
The scarce availability of commercial space within the North Hobart precinct positions 56 – 58 Burnett Street as a secure long term investment or home for your business.
Contact Wolf Property for more information.