192 Macquarie Street, Hobart, TAS 7000 | Commercial for rent | OnTheHouse
 
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192 Macquarie Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 840m2
Land area: 474m2
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A Hobart Icon Ready for Its Next Chapter | Heritage Corner Hobart Pub

RWC Tasmania is proud to offer for lease 'The Duke of Wellington Hotel' - 192 Macquarie Street, Hobart.
Steeped in history and commanding a prime inner-city corner position at Macquarie and Barracks Streets, the Duke of Wellington Hotel (est. 1846) presents a rare opportunity to acquire one of Hobart's most established hospitality assets. As the city evolves from a traditional CBD into a high-density, mixed-use residential precinct, The Duke sits at the centre of this transformation.
More than a pub, this is a Victorian Regency landmark underpinned by a continuous liquor licence held for over 170 years. Located just 600 metres from both the CBD and the world-renowned Salamanca Place, the venue is ideally positioned for a quality operator to capitalise on Hobart's accelerating destination-dining demand while retaining the strength of a true neighbourhood local.
Key Leasing & Operational Highlights
+ Strategic Location: Positioned approximately 1km from the New Macquarie Point Multi purpose stadium, minutes from Anglesea Barracks and the prestigious Macquarie Street professional strip, ensuring a diverse customer mix of residents
+ Unrivaled Growth Corridor: With approximately 200 new dwellings approved or pending within the area, the venue is set to become the "local" for a massive influx of high density residents
+ Operational Upside: The existing liquor license is a 'General Tavern' which is from 5am until midnight, seven days a week. There is significant untapped potential for Sunday trade, lunch service, and late-night entertainment
+ Versatile Footprint: This two-storey city property caters for functions via multiple bar areas, substantial kitchen, dining for 90 covers and various amenities
+ Onsite Managers Quarters: The property is benefited by a well appointed Managers quarters, with a 3 bedroom apartment offering an edge against the market, given broader housing constraints within Greater Hobart
Amid a landscape of cookie-cutter developments, the Duke's Victorian Regency character is a genuine differentiator. Hobart's approval of the $1.13B multi-purpose stadium has sparked renewed enthusiasm and economic stimulus, making now the ideal moment to capitalise on this positive shift.
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Property Details for 192 Macquarie St, Hobart

Building Type
Commercial
Floor Size
840m2
Land Size
474m2
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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.

Hobart has 3,101 properties. Over the last 5 years, Houses in Hobart have seen a -3.04% decrease in median value, while Units have seen a -0.14% decrease. As at 31 July 2026:

  • The median value for Houses in Hobart is $1,055,615 while the median value for Units is $795,401.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 57 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 101 properties were sold in the past 12 months in Hobart.

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