242 Elizabeth St, North Hobart, TAS 7000 | Commercial for rent | OnTheHouse
 
FOR RENT
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242 Elizabeth Street
North Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 170m2
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High Exposure Retail Opportunity

RWC Tasmania are pleased to offer for lease, this high exposure retail tenancy, occupying a prime position on Elizabeth Street. In close proximity to the North Hobart strip and the CBD this tenancy provides a rare and exciting opportunity for multiple uses (STCA).
Positioned in a vibrant mixed-use area, this tenancy is surrounded by a dynamic blend of cafes, restaurants, boutique strip retailers, and major commercial operators. Located close to one of Hobart's largest secondary schools, Elizabeth College, and nestled among established residential neighbourhoods, this site offers excellent exposure and foot traffic.
The 170 sqm* tenancy features ground and first floor open plan areas, kitchenette and amenities, with level access from Elizabeth Street.
For more information or to arrange an inspection, please contact the undersigned.
*Approximately

Property Details for 242 Elizabeth St, North Hobart

Building Type
Commercial
Floor Size
170m2
Land Size
170m2
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About North Hobart 7000

The size of North Hobart is approximately 1.0 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2016 was 2494 people. By 2021 the population was 2600 showing a population growth of 4.2% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation.In 2021, 43.80% of the homes in North Hobart were owner-occupied compared with 41.80% in 2016.

North Hobart has 1,610 properties. Over the last 5 years, Houses in North Hobart have seen a 24.63% increase in median value, while Units have seen a 26.19% increase. As at 30 November 2025:

  • The median value for Houses in North Hobart is $922,505 while the median value for Units is $812,394.
  • Houses have a median rent of $598 while Units have a median rent of $620.
There are currently 8 properties listed for sale, and 15 properties listed for rent in North hobart on OnTheHouse. According to Cotality's data, 60 properties were sold in the past 12 months in North hobart.

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Mia Lilley
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Trevor Fox
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RWC RWC Tasmania
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