172 Macquarie Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

172 Macquarie Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1209m2
Land area: 731m2
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Property Details for 172 Macquarie St, Hobart

Building Type
Commercial
Year Built
1875
Floor Size
1209m2
Land Size
731m2
Local Government
Hobart
Lot/Plan
1/126251

Last Listing description (September 2011)

TASMANIA - HERITAGE MOTEL - FREEHOLD OFFERING IN CBD HOBART - Resort Brokers ID: FH001235
Resort Brokers ID: FH001235
We are proud to offer this glorious heritage property in the heart of Hobart, Tasmania. This motel, circa 1875 with a 3-storey 1955 built rear addition, is a stunning example of the architectural magnificence of a bygone age. Drawing heavily on the influences of Edwardian and Victorian decor, with period furtniture, large stylish rooms, period wall papers, colours, prints, paintings and artifacts. The property seduces the senses of the guests and creates a unique atmosphere enticing guests back continously.

A short walk will take a guest to Hobarts city shopping centre, the many restaurants and chic cafes, quaint English style pubs, the State and Federal Government offices and the city's main professional offices. For the tourists, the motel is placed a few minutes walk from Hobarts famous wharf, Salamanca Square, Battery Point and a great base for visits to Mount Wellington, Port Arthur, the Southern Wilderness and many other historical and natural wonders.
A Heritage motel offering 18 large rooms all with ensuites and air conditioning, period decor with modern amenities including broadband internet
Situated on two titles of 730.2m2 including 10 car spaces and 6 undercover garage spaces
Dining room catering for full breakfast only. Great opportunity to branch into in-house dinners, small conferences etc
Recent refurbishment of all areas and rooms including re-wired, re-plumbed, wired smoke detectors
Live in fully self-contained single bedroom manager's flat with area to create extra rooms
Modern reception with computer booking system, 24 extension phone system and all other ofice equipment for a high turnover business
Many extras including large fully functional kitchen, external surveillance cameras, goods lift, safe, house laundry, inposing facade and entrance
This triple AAA rated 4.5 star property will excite the most fastidious buyer for its condition, position, potential and bottom line
Net:
$385,212
Turnover:
$637,662

Property History for 172 Macquarie St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,580,000
24 Jun 2011
  • 24 Jun 2011
    Sold for $1,580,000
  • 11 Nov 2010
    Listed for Sale $2,700,000
  • 24 Oct 2010
    Listed for Sale $ 690,000
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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 3,101 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:

  • The median value for Houses in Hobart is $1,055,615 while the median value for Units is $795,401.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 58 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 97 properties were sold in the past 12 months in Hobart.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.