27 Salamanca Place, Battery Point, TAS 7004 sold on 08 May 2026 | OnTheHouse
SOLD
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Sold on 08 May 2026 - Price Unavailable

27 Salamanca Place
Battery Point TAS 7004

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 440m2
Sold By
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Fall Real Estate Hobart
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Property Details for 27 Salamanca Pl, Battery Point

Building Type
Commercial
Land Size
440m2
Local Government
Hobart
Lot/Plan
1/197037

Last Listing description (May 2026)

27 Salamanca Place presents a truly remarkable opportunity to secure a landmark heritage building positioned directly on Salamanca Place - Tasmania's most iconic hospitality and tourism precinct. Assets of this scale, prominence and diversity are exceptionally rare. Combining a long-established operation consisting of bars, restaurant and eight studio apartments. This is a blue-chip mixed-income investment in the absolute heart of the waterfront precinct. 100% leased to proven, high-performing businesses, underpinned by long-term tenancies.

Set within one of Tasmania's most tightly held commercial terraces, the property benefits from irreplaceable positioning, high foot traffic, and enduring demand from both visitors and locals alike.

Key Investment Highlights

1840 heritage building positioned directly on Salamanca Place
First time offered to market in nearly 50 years
Generational trophy asset in Hobart's premier hospitality and tourism strip
Ground floor hospitality lease of approximately 440sqm
Home to a large award wining bar/restaurant operation trading successfully for approximately 25 years
Features the only rear courtyard and serviced bar within the Salamanca precinct
Eight (8) Studio accommodation offerings, cleverly designed by Tasmanian acclaimed Architect Mark Drury to enable strata options (STCA)
Diversified income profile across hospitality and short-stay accommodation
Total Net Income: $305,006.69 p.a. + GST
Tenants responsible for all outgoings
Positioned within the heart of the Salamanca waterfront precinct, moments to the CBD, Parliament square and Hobart's major tourism infrastructure
Underpinned by strong tourism growth and major infrastructure investment including the approved $1.1B Macquarie Point Stadium
Hobart Airport, currently undergoing a $200 million upgrade to support growing passenger demand.
30,000-40,000 visitors each week to Salamanca Markets
Mona Ferry Terminal 200m away

This is an irreplaceable Salamanca holding - a rare chance to acquire scale, prominence and diversified income within one of Australia's most tightly held waterfront commercial precincts.

*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 27 Salamanca Pl, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
08 May 2026
Listed for Rent
$450/w
02 Feb 2021
  • 08 May 2026
    Sold
  • 17 Mar 2026
    Listed for Sale Expressions of Interest
  • 02 Sep 2020
    Listed for Rent - Price not available
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About Battery Point 7004

The size of Battery Point is approximately 0.7 square kilometres. It has 6 parks covering nearly 5.5% of 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 1,749 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 8 properties listed for sale, and 8 properties listed for rent in Battery point on OnTheHouse. According to Cotality's data, 55 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.