Knight Frank are pleased to present to the market 143 Murray Street, a versatile, freestanding building, right in the heart of the Hobart CBD.
The property is located on the northern side of Murray Street, a one way main arterial CBD road with a high volume of passing traffic. The site is approximately 158sqm* and situated within the developing UTAS precinct, and benefited by 2 on-site parks and share of common property with possible long term upside.
The property currently consists of a reception/waiting room, large open plan area, two offices and amenities on the ground floor, with a further three offices/bedrooms and bathroom facilities on the first floor.
This offering represents a truly fantastic opportunity for an owner occupier or astute investor to maximise the return of the asset, capitalising on the premium location and blank canvass aspect.
The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of 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 3,066 properties. Over the last 5 years, Houses in Hobart have seen a 10.69% increase in median value, while Units have seen a 8.33% increase. As at 30 November 2025:
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