34 Fitzroy Place, Dynnyrne, TAS 7005 | Commercial for sale | OnTheHouse
 
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34 Fitzroy Place
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 515m2
Land area: 761m2
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High Quality Accommodation Asset - 18 Rooms, 18 Bathrooms, Minutes from CBD

34 Fitzroy Place, Dynnyrne presents a rare chance to acquire a fully certified hostel / boarding house in a highly sought-after inner-city location. Positioned just minutes from the Hobart CBD, Salamanca, and the University of Tasmania, this substantial freehold asset is ideally placed to capture strong and consistent demand from both residential tenants and short stay accommodation, STCA.
Having undergone extensive renovations in 2019/2020, the property comprises 18 newly renovated rooms, each with their own bathroom and kitchenette. Purpose-built and fully compliant with current regulations, the facility has been constructed to a high standard and provides an incoming owner with the confidence of a turn-key operation.
Key features include:
• Fully certified hostel accommodation with all approvals in place
• 18 guest rooms, each with private bathroom and kitchenette
• $313,802 (approx.) gross income per annum
• Proximity to Hobart CBD, Salamanca, Sandy Bay retail precinct and UTAS
• Easy access to public transport and South of Hobart
With Tasmania's tourism sector reaching record visitation levels, opportunities of this size and certification are rarely available. 34 Fitzroy Place is already generating strong income, making it an attractive proposition for investors or groups seeking a strategically located accommodation business with excellent potential for future growth.

Property Details for 34 Fitzroy Pl, Dynnyrne

Building Type
Commercial
Floor Size
515m2
Land Size
761m2
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About Dynnyrne 7005

The size of Dynnyrne is approximately 1.6 square kilometres. It has 5 parks covering nearly 6.8% of total area. The population of Dynnyrne in 2016 was 1577 people. By 2021 the population was 1633 showing a population growth of 3.6% in the area during that time. The predominant age group in Dynnyrne is 20-29 years. Households in Dynnyrne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dynnyrne work in a professional occupation.In 2021, 64.30% of the homes in Dynnyrne were owner-occupied compared with 63.50% in 2016.

Dynnyrne has 726 properties. Over the last 5 years, Houses in Dynnyrne have seen a 32.53% increase in median value, while Units have seen a 32.38% increase. As at 30 November 2025:

  • The median value for Houses in Dynnyrne is $977,924 while the median value for Units is $627,298.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 3 properties listed for sale, and no properties listed for rent in Dynnyrne on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Dynnyrne.

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Raine & Horne Commercial Hobart
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