323a Elizabeth St, North Hobart, TAS 7000 | Commercial for rent | OnTheHouse
 
FOR RENT
By Negotiation

323a Elizabeth Street
North Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 188m2
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Rare North Hobart Strip Hospitality Opportunity

RWC Tasmania is pleased to offer for lease 323A Elizabeth Street, North Hobart, a rare hospitality opportunity situated in the tightly held North Hobart restaurant and entertainment precinct.
The tenancy comprises of 105 sqm* of premium ground floor space, and is benefited by an additional 83 sqm* of first floor offices and amenities. The tenancy is complete with kitchen provisions in-situ including town gas, extraction and three phase power.
The exposure is first-class, with 6.5m* frontage to Elizabeth Street, the added benefit of 2 off-street parking spaces. The tenancy is surrounded by a mix of leading Hobart businesses and national operators, including Grill'd, Nando's, Subway, Capital, Boss Burger, Boodle Beasley, Pancho Villa, Queens Head Hotel, The Winston, Midori, and the coveted 'State Cinema', just to name a few.
With landlord works planned in the immediate future, there is no better time to secure this space for your business.
Please reach out to the undersigned agents for more information or to arrange an inspection.
*Approx

Property Details for 323a Elizabeth St, North Hobart

Building Type
Commercial
Floor Size
188m2
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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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Claude Alcorso
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Hayden Peck
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RWC RWC Tasmania
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