19 Morrison Street Hobart, TAS 7000

RWC Tasmania and HTL Property are proud to jointly market this once in a generation, "tier 1" investment. Providing investors the opportunity to secure a true landmark waterfront hospitality asset in Hobart's coveted Salamanca precinct.

Key Property Highlights
+ Anchored by Australian Venue Co (AVC) on a brand new 10-year lease plus options.
+ Net Income: $500,000 p.a. + GST, (tenant pays all outgoings)
+ Extensive $5 million+ refurbishment completed in 2021
+ Features the only rooftop bar in this heritage listed precinct
+ Single tenant freestanding investment leading to ease of management
+ High-profile corner location on a 349sqm* within 'Mixed Use' zoned site
+ Recent increases in building costs have made great barriers to entry for this asset class
+ Hobart is set to capitalise on the recently announced & nearby $1.1B Macquarie Point Stadium
+ AVC is Australia's largest owner of non gaming pub operations with 200 plus venues nationally

This spectacular asset is home to AVC's sole and flagship Tasmanian operation, making not only the location irreplaceable but the lease covenant equally valuable.

*Approximate