186 Macquarie StreetHobart TAS 7000
Property Details for 186 Macquarie St, Hobart
Last Listing description (November 2023)
Knight Frank is proud to present a rare and extraordinary opportunity to acquire the strategically located St Helens Hospital site in the heart of Hobart's CBD with vacant possession.
The property is situated in a highly strategic and accessible CBD location only a mere 400 metres (approx.) from Hobart's city centre and 300 metres (approx.) from the popular Salamanca/Sullivan's Cove historic waterfront precinct.
Spanning an impressive 4,622 sqm (approx.) and some 6,198 sqm of building area with two significant street frontages, this prime property offers endless possibilities for redevelopment. The buildings have been utilised as a hospital for many years, however are highly adaptable and suit a multitude of alternative uses (STCA).
Hobart's real estate market has experienced significant growth in recent years, and this trend is expected to continue. According to Commsec, Tasmania has Australia's leading economy.
We invite expressions of interest from visionary developers, owner occupiers and investors looking to make their mark on Tasmania's vibrant capital city.
Property History for 186 Macquarie St, Hobart, TAS 7000
- 19 Feb 2025Sold for $4,565,000
- 14 Jun 2023Listed for Sale Contact Agent
- 02 Feb 2003Sold for $4,800,000
Recent sales nearby
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0About 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 3,103 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.
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