31 Murray Street, Hobart, TAS 7000 | Commercial for rent | OnTheHouse
 
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31 Murray Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 54m2
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High-Profile CBD Retail Opportunity

RWC Tasmania is pleased to present this outstanding retail leasing opportunity in the heart of the Hobart CBD.
Positioned within a tightly held retail precinct, this high-exposure tenancy benefits from consistent pedestrian and vehicle traffic, providing an exceptional opportunity for businesses seeking a presence in one of Hobart's most established commercial locations.
Key Features:
+ Approximately 54sqm* over two levels, comprising ground floor retail space with first-floor storage and amenities
+ Prominent CBD location within easy walking distance of the Elizabeth Street Mall, surrounded by professional offices, retail operators and key city amenities
+ Existing fit-out suitable for service retail, allowing for a streamlined occupancy
+ Flexible tenancy suited to a range of retail, service or office uses (STCA)
+ Recently upgraded façade offering a fresh street presence
+ Available for immediate occupation
An excellent opportunity to secure a well-positioned tenancy in one of Hobart's most sought-after retail precincts.
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Property Details for 31 Murray St, Hobart

Building Type
Commercial
Floor Size
54m2
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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 3,099 properties. Over the last 5 years, Houses in Hobart have seen a -0.43% decrease in median value, while Units have seen a 3.37% increase. As at 31 August 2026:

  • The median value for Houses in Hobart is $1,084,039 while the median value for Units is $815,371.
  • Houses have a median rent of $685 while Units have a median rent of $650.
There are currently 32 properties listed for sale, and 59 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Hobart.

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Mia Lilley
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Tom Balcombe
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