Knight Frank is pleased to offer this superb commercial asset to the market. The offering comprises ground and first floor office space, basement storage and 14 sealed car parks accessed via an alternate rear frontage to Victoria Street, all behind a charming, sandstone heritage faade.
Located in a prestigious location in the retail and administrative heart of the Hobart CBD with neighbours including the Australian Tax office, Commonwealth government centre, Village Cinema Complex, Centrepoint shopping centre and car park to name a few.
Flexible offerings of this nature are extremely rare in Hobart's CBD and will only become more so going forward.
> Prime Collins Street CBD location
> Building area: 568 sqm*
> Land area: 438 sqm*
> 14 sealed car spaces
> Owner occupy with multiple passive income streams
> 1st floor leased until July 2025
For Sale by Expressions of Interest closing Thursday 18 May 2023 at 4pm (AEST).
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:
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