Ex-footballer, restaurateur list prime Hobart freehold
Former VFL ruckman Garry Baker and his wife, restaurateur, Susan Catchpool, are selling the Battery Point property which has housed their Rockwall Bar & Grill since 2008.
At 89 Salamanca Place, the 409 square metre space – a three storey slice of a c1830s Georgian style warehouse – is expected to sell for $5 million assuming a five per cent net passing yield.
Diagonally adjacent to Princes Wharf and walking distance to Brooke Street and Elizabeth Street piers, the site spreads 304 sqm.
The lower two levels are fit with dining rooms and a bar. The top floor is an apartment, which is also leased.
Burgess Rawson’s Mathew Wright and Beau Coulter are representing the couple (story continues below).
Next chapter for vendors
Mr Baker, who played for Footscray, Melbourne and Sydney in the 1970s, and who turns 70 in March, with Ms Catchpool, sold the Rockwall Bar & Grill business to Luke and Marisa Richmond for an undisclosed price last year.
The operators are committed to 89 Salamanca Pl until 2027, with fixed rent rises linked to CPI. With options, they can stay until 2042.
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