11 Franklin WharfHobart TAS 7000
Property Details for 11 Franklin Whrf, Hobart
Last Listing description (March 2026)
RWC Tasmania and HTL Property are pleased to present 11 Franklin Wharf, Hobart. Occupying an unmissable position within the Sullivans Cove precinct, this asset represents a rare chance to secure a high-profile waterfront foothold with a clear path to vacant possession.
Unlike traditional passive investments, 11 Franklin Wharf offers a strategic timeline for owner-occupiers or hospitality visionaries. With leases for both the ground-floor and first-floor tenancies expiring in mid-2027, a purchaser can take full operational control of the building in the near term.
+ Significant Turnkey Infrastructure - The property features a recent $3 million+ high-specification refurbishment, including premium bar fit-outs and advanced AV/lighting systems, significantly reducing move-in costs.
+ Short Term Holding Income - While you finalise your operational concept, the asset generates a net holding income of approximately $777,951 per annum (before owner outgoings).
+ Relentless Foot Traffic - Situated directly opposite the Brooke Street Pier (MONA Ferry Terminal) and at the entrance to Salamanca Place, the site benefits from Hobart's highest density of pedestrian traffic.
+ Strategic Location - Positioned approximately 500 metres from the recently approved $1.13B Macquarie Point Stadium. As one of the most significant infrastructure projects in Tasmania's history, this precinct development is expected to drive unprecedented demand for hospitality and entertainment venues in the immediate vicinity.
The stadium construction is starting. The crowds are coming. This is a front row and ultimate strategic play - attractive holding income today and total operational control tomorrow. Secure this site now and lead the charge into Hobart's bright future.
Property History for 11 Franklin Whrf, Hobart, TAS 7000
- 16 Mar 2026Listed for Sale Private Treaty - Offers In Excess of $12 million
- 05 Oct 2017Sold for $8,000,000
- 29 Apr 2002Sold for $87,600
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About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.
Hobart has 3,095 properties. Over the last 5 years, Houses in Hobart have seen a 1.50% increase in median value, while Units have seen a 2.03% increase. As at 31 May 2026:
- The median value for Houses in Hobart is $1,033,977 while the median value for Units is $740,493.
- Houses have a median rent of $690 while Units have a median rent of $650.
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