96 Bathurst Street, Hobart, Tasmania
Hobart Midcity Hotel - a unique opportunity in the heart of Hobart's CBD.
SOLD
Business Description
Knight Frank has the exclusive opportunity to offer for lease the Hobart Midcity Hotel situated on a commanding corner location in Hobart’s busy CBD, only 100 metres from the Elizabeth Street Mall.
Includes 122 rooms, bar and lounge, dining room, conference centre with 2 meeting rooms, guest’s laundry, reception with foyer, office and 3 lifts, managers residence, and on site parking for 42 vehicles.
Hobart is experiencing national leading growth and this is forecast to continue for some time as the city continues to transition into a more modern day 24/7 city.
Almost fully furnished, turn key opportunity - minimal start-up cost required.
Features
Minimal ingoing cost
5 year lease available
42 on-site car parks
Floor plans available
Significant street frontage
Recent refurbishment
For Lease by Expressions of Interest closing 16 September 2021 at 4:00pm AEST
Business Summary
Key Investment Insights
1. Prime location in the heart of Hobart's busy CBD, only 100 metres from the Elizabeth Street Mall.
2. Includes 122 rooms, bar and lounge, dining room, conference centre, guest's laundry, and on-site parking for 42 vehicles.
3. Hobart is experiencing national leading growth and is forecasted to continue as the city transitions into a more modern 24/7 city.
4. Turnkey opportunity with minimal start-up costs required.
5. 5-year lease available.
6. Significant street frontage and recent refurbishment.
7. Floor plans available for potential tenants.
8. Minimal ingoing costs for interested parties.
9. For lease by expressions of interest, closing on September 16, 2021 at 4:00pm AEST.
