Choice Location - Expressions of Interest Over $600,000
The property is centrally positioned on the corner of Cambridge Road and Clarence Street within the Bellerive Village commercial precinct on Hobart???s Eastern shore and is only a five to ten minute drive to Hobart???s city centre via the Tasman Bridge and 20 minutes drive to the airport. A significant multiple use development has just been commenced at the rear of the property providing accommodation and retail opportunities.
The property comprises a circa 1964 former banking chamber that during the past 15 years has been utilised as real estate offices. The improvements comprise a reception area, partitioned and open plan offices on the ground floor and a board room, office and storage on the first floor. The grounds are neatly landscaped and there is off-street parking available for eight cars.
The size of Bellerive is approximately 2.9 square kilometres. It has 8 parks covering nearly 20.2% of total area. The population of Bellerive in 2016 was 4507 people. By 2021 the population was 4945 showing a population growth of 9.7% in the area during that time. The predominant age group in Bellerive is 60-69 years. Households in Bellerive are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellerive work in a professional occupation.In 2021, 68.20% of the homes in Bellerive were owner-occupied compared with 68.40% in 2016.
Bellerive has 2,530 properties. Over the last 5 years, Houses in Bellerive have seen a 24.56% increase in median value, while Units have seen a 37.49% increase. As at 28 February 2026:
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