119 Macquarie Street, Hobart, TAS 7000 sold on 28 August 2025 | OnTheHouse
 
SOLD
Sold on 28 Aug 2025 for $9,300,000

119 Macquarie Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2459m2
Land area: 797m2
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Property Details for 119 Macquarie St, Hobart

Building Type
Commercial
Year Built
1906
Floor Size
2459m2
Land Size
797m2
Local Government
Hobart
Lot/Plan
3/22113

Last Listing description (February 2022)

119 Macquarie Street is an iconic Hobart CBD masterpiece, offering timeless grandeur with modern conveniences.

The property is situated in the heart of Hobart's CBD being within Hobart's traditional Macquarie Street office precinct whilst being only approximately 300 metres from Hobart's waterfront and parliamentary precinct, adding convenience to its long list of attributes.

The property has a grand floodlit entrance and is lift serviced and enjoys views overlooking St Davids Park through to the River Derwent.

Within this grand building is an array of options for those seeking professional office or consulting type uses with the whole of levels 3 and 4 currently available for lease. Level 3 comprises a mixture of large open plan areas up to approximately 180 sqm and smaller office suites from approximately 33 sqm and everything in-between with the potential to tailor a tenancy size to meet your size requirement.

Level 4 comprises an open plan area of approximately 55 sqm plus private amenities and kitchen with the added bonus of access to an enormous deck which is without peer in our marketplace.

Available now.

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Property History for 119 Macquarie St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$9,300,000
28 Aug 2025
Listed for Rent
$18k/w
23 Nov 2023
  • 28 Aug 2025
    Sold for $9,300,000
  • 25 Jul 2021
    Listed for Rent $150,000 / year
  • 12 May 2021
    Sold for $9,910,500
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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 3,094 properties. Over the last 5 years, Houses in Hobart have seen a -0.28% decrease in median value, while Units have seen a -2.34% decrease. As at 30 June 2026:

  • The median value for Houses in Hobart is $1,042,791 while the median value for Units is $768,476.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 56 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Hobart.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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