391 Elizabeth Street, North Hobart, TAS 7000 | Commercial for sale | OnTheHouse
 
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391 Elizabeth Street
North Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 158m2
Land area: 885m2
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Prime Opportunity in North Hobart

Positioned at 391 Elizabeth Street, this versatile commercial property offers an exceptional opportunity for businesses seeking a prominent location in North Hobart's vibrant precinct.
Property Highlights:
- Situated on the bustling Elizabeth Street, the property benefits from high visibility and foot traffic, ideal for retail, office, or hospitality ventures.
- The interior space is adaptable to various business needs, providing a blank canvas to tailor to specific operational requirements.
- Located amidst a mix of established businesses, cafes, and shops, contributing to a dynamic commercial environment.
Lease Details:
- Availability: Immediate occupancy available.
- Rental Terms: Competitive lease terms on offer; contact agent for details.
For more information or to arrange an inspection, please contact the leasing agent.
Note: All interested parties are advised to conduct their due diligence regarding the property

Property Details for 391 Elizabeth St, North Hobart

Building Type
Commercial
Floor Size
158m2
Land Size
885m2
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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 9 properties listed for sale, and 13 properties listed for rent in North hobart on OnTheHouse. According to Cotality's data, 63 properties were sold in the past 12 months in North hobart.

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Sam Johnston
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Leanne Kelly
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Raine & Horne - Northern Suburbs
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