RWC is proud to present 127-131 Macquarie Street, Hobart to market. This landmark corner property is not only a stunning commercial holding but also a building of national heritage significance, standing as a distinguished reminder of Hobart's colonial era.
Constructed in the mid 19th century, the property exemplifies the elegance and solidity of Georgian/Victorian architecture, with finely detailed façades, symmetrical proportions, and enduring sandstone construction that reflect the craftsmanship of early Tasmania. Its prominent corner position makes it one of the most recognisable and character-filled buildings within the city, offering both historic gravitas and ongoing commercial relevance.
The property features two superb ground floor retail tenancies, two levels of versatile office accommodation above, and an expansive basement, a configuration that has allowed it to remain both functional and adaptable across nearly two centuries of evolving city life. Once a centrepiece of Hobart's early mercantile activity, it continues today to offer a rare combination of historical prestige and modern amenity.
Located on one of Hobart's most prominent streets, within walking distance of Parliament House, St David's Park, and key civic institutions, the building offers a commanding presence and prestige seldom available in the market.
Whether held as a passive investment, partially occupied, or reimagined for a new future, this is the rare opportunity to become custodian of one of Hobart's most celebrated and enduring properties.
Building: 548 sqm*
Land: 257 sqm*
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 3,102 properties. Over the last 5 years, Houses in Hobart have seen a -3.04% decrease in median value, while Units have seen a -0.14% decrease. As at 31 July 2026:
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