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Sold  $880,000

St Andrews Estate Agents have been appointed as the exclusive selling agents of 322 Elizabeth Street, North Hobart, Tasmania.

This represents an excellent opportunity to acquire a sub-$1M retail asset in the tightly held North Hobart retail precinct.

Securely let to a local Greek restaurant Filoxenia, the property is ideal for self-managed super funds and general investment alike.

The property features an unusually large 423 square metre site with an array of long term redevelopment prospects.

It is positioned in a precinct undergoing extraordinary activity, and is only 1.5 kilometres north-west of the revitalised City Centre.

The property is being sold via Expressions of Interest, closing 31 January 2018.