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

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 48m2
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Versatile CBD Tenancy with Planned Hospitality Upgrades

RWC Tasmania is proud to present 31B Murray Street to the market, a high-exposure gem situated in the heart of Hobart's CBD. Located in a tightly held pocket with consistent foot and vehicle traffic, this tenancy offers an exceptional opportunity for operators seeking to establish a presence in one of the city's most vibrant commercial corridors.
Key Features:
+ Comprising approximately 48 sqm* across two levels, with ground-floor retail/hospitality space and Level 1 storage/amenities
+ The landlord is committed to a comprehensive refurbishment program specifically designed to support hospitality operations
+ Plans include the installation of a grease trap and dedicated exhaust provisions, removing significant capital expenditure for food and beverage tenants
+ The tenancy benefits from close proximity to major CBD amenities, professional offices, and the Elizabeth Street Mall, capturing a high volume of foot traffic
This tenancy presents a true "blank canvas." Whether you are looking to launch a boutique café, a specialty wine bar, or a fast-casual eatery^, the planned upgrades provide a seamless pathway to bring your vision to life.
Contact the undersigned for more details.
*Approximately
^STCA

Property Details for 31b Murray St, Hobart

Building Type
Commercial
Floor Size
48m2
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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 3,093 properties. Over the last 5 years, Houses in Hobart have seen a -0.28% decrease in median value, while Units have seen a -2.34% decrease. As at 30 June 2026:

  • The median value for Houses in Hobart is $1,042,791 while the median value for Units is $768,476.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 56 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in Hobart.

Suburb Insights for Hobart 7000

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Mia Lilley
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Tom Balcombe
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.