2 Montpelier Retreat, Battery Point, TAS 7004 sold on 16 March 2026 | OnTheHouse
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Sold on 16 Mar 2026 - Price Unavailable

2 Montpelier Retreat
Battery Point TAS 7004

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 93m2
Sold By
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Fall Real Estate Hobart
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Property Details for 2 Montpelier Rtt, Battery Point

Building Type
Commercial
Land Size
93m2
Local Government
Hobart
Lot/Plan
1/59938

Last Listing description (May 2026)

2 Montpelier Retreat, Salamanca presents a rare opportunity to secure a commercial asset within Tasmania's most prestigious and enduring precinct.

Positioned within the Salamanca precinct - rightfully regarded as the heart of the city's tourism and hospitality economy - this property offers investors the fundamentals that define true blue-chip real estate: location, scarcity and long-term demand. Just moments from the CBD, waterfront, Parliament precinct and major employment hubs, the asset is underpinned by exceptional walkability and enduring appeal.

Key Investment Highlights

First time offered to market in nearly 50 years
Located within the highly sought-after Salamanca precinct, Battery Point
Tightly held commercial pocket with extremely limited supply
Zoned Mixed Use under the Sullivans Cove Planning Scheme 1997
Flexible zoning allowing commercial, hospitality, residential or mixed-use outcomes (STCA)
Established tenant within a successful multi-store franchise network, occupying the premises for approximately 15 years
Net Rental Income: $78,372 + GST
Tenant responsible for all outgoings
Within walking distance to Hobart CBD, waterfront and Parliament precinct
Positioned within the epicentre of Hobart's tourism and hospitality strip
Rare opportunity to secure a foothold in one of Tasmania's most iconic commercial locations
Strong growth drivers including the approved $1.1B Macquarie Point Stadium and continued expansion of the city's hospitality and visitor economy
Hobart Airport, currently undergoing a $200 million upgrade to support growing passenger demand.
Development and expansion opportunity (STCA)
30,000-40,000 visitors each week to Salamanca Markets
Mona Ferry Terminal 200m away

For sale by expressions of interest closing 2nd April 2026 12pm (AEDT), The vendor reserves the right to accept an offer prior to this date.

*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 2 Montpelier Rtt, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
16 Mar 2026
  • 16 Mar 2026
    Sold
  • 10 Mar 2026
    Listed for Sale Expressions of Interest
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About Battery Point 7004

The size of Battery Point is approximately 0.7 square kilometres. There are 6 parks, covering nearly 5.5% of the total area. The population of Battery Point in 2016 was 1997 people. By 2021 the population was 2096 showing a population growth of 5.0% in the area during that time. The predominant age group in Battery Point is 20-29 years. Households in Battery Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Battery Point work in a professional occupation.In 2021, 50.30% of the homes in Battery Point were owner-occupied compared with 51.20% in 2016.

Battery Point has 1,748 properties. Over the last 5 years, Houses in Battery Point have seen a 1.49% increase in median value, while Units have seen a -1.39% decrease. As at 30 April 2026:

  • The median value for Houses in Battery Point is $1,430,763 while the median value for Units is $850,740.
  • Houses have a median rent of $768 while Units have a median rent of $600.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Battery point on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Battery point.

Suburb Insights for Battery Point 7004

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.