219 Argyle Street, North Hobart, TAS 7000 | Commercial for sale | OnTheHouse
 
FOR SALE
EOI closing Thursday 15 October 2026 @ 4pm (AEDT)

219 Argyle Street
North Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 672m2
Land area: 928m2
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Fringe CBD Warehouse/Office Opportunity | Occupy, Invest or Develop

RWC Tasmania has been appointed to sell 219 Argyle Street, North Hobart, a freehold industrial warehouse/office property on one of Hobart's best-known bulky goods retail strips. Neighbouring brands include Nissan, Toyota, Mercedes-Benz, Porsche, Volvo, Battery World, Repco and Waynes Car Sales.
The site spans 928sqm* and comprises a 152sqm* front office building and a 444sqm* rear clear span warehouse, complete with a fully operational paint bake oven. The property is currently partially leased to Victory Blinds on a gross lease returning $27,600* per annum plus GST, with the balance of the improvements available to an incoming owner occupier. The existing lease is due to expire on 8 April 2027, subject to a further one year option to 8 April 2028.
This presents a clear pathway to full occupation for an owner-occupier, as well as genuine redevelopment potential for a developer, subject to council approval (STCA).
Property Highlights
+ Freehold site of 928sqm* with 672sqm* of improvements
+ Comprising a 172sqm* front building and 459sqm* rear warehouse
+ Partially leased to Victory Blinds at $27,600* pa + GST (Gross Lease)
+ Lease expiring 8 April 2027, with a further 1 year option to 8 April 2028
+ Fully operational paint bake oven and three-phase power
+ Warehouse has 5m* internal clearance with two manual roller doors
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Property Details for 219 Argyle St, North Hobart

Building Type
Commercial
Floor Size
672m2
Land Size
928m2
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About North Hobart 7000

The size of North Hobart is approximately 1.0 square kilometres. There are 3 parks, covering nearly 5.6% of the 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 1,618 properties. Over the last 5 years, Houses in North Hobart have seen a -8.60% decrease in median value, while Units have seen a 0.58% increase. As at 31 August 2026:

  • The median value for Houses in North Hobart is $926,638 while the median value for Units is $730,923.
  • Houses have a median rent of $630 while Units have a median rent of $620.
There are currently 14 properties listed for sale, and 8 properties listed for rent in North hobart on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in North hobart.

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Claude Alcorso
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Lincoln Street
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RWC RWC Tasmania
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