290A Murray Street, Hobart, TAS 7000 | Commercial for sale | OnTheHouse
 
FOR SALE
EOI, closing Thursday, 29 Oct 2026 @ 4pm (AEDT)

290A Murray Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 434m2
Land area: 273m2
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Heritage Office & Retail Investment | Fully Leased, Diversified Income

RWC Tasmania has been appointed to sell 290A Murray Street, Hobart, a fully leased heritage office and retail investment occupying a prominent corner position at the intersection of Murray and Warwick Street. Comprising 434sqm* of refurbished office and retail accommodation on a 273sqm* strata title, the property is fully tenanted across three established occupiers, delivering a net income of $118,381* per annum plus GST.
Positioned on Hobart's inner-city fringe within close proximity to Bob Jane T-Marts, Reece Plumbing and KFC, the property benefits from strong daily exposure to passing vehicle and pedestrian traffic along both Murray Street and Warwick Street.
Key Property Features Include:
+ 434sqm* office and retail building on a 273sqm* site
+ Fully leased across three tenancies, zero vacancy
+ Net income of $118,381* per annum plus GST
+ Weighted Average Lease Expiry (WALE) of 2.68 years* across the tenancy mix
+ Favourable net lease structure with 100% of statutory outgoings recovered
+ High-exposure corner position with 12.5m* Murray Street and 23m* Warwick Street frontage
+ Heritage-listed building, fully refurbished with quality fit out in place across all three tenancies
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Property Details for 290a Murray St, Hobart

Building Type
Commercial
Floor Size
434m2
Land Size
273m2
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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 3,100 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 31 properties listed for sale, and 60 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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Lincoln Street
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Mia Lilley
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RWC RWC Tasmania
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