220-224 Liverpool Street, Hobart, TAS 7000 sold on 31 May 2026 | OnTheHouse
SOLD
Sold on 31 May 2026 for $366,000

220-224 Liverpool Street
Hobart TAS 7000

Bedrooms: 6
Bathrooms: 5
Car spaces: -
Floor area: 539m2
Land area: 311m2
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Property Details for 220-224 Liverpool St, Hobart

Building Type
Commercial
Year Built
1900
Floor Size
539m2
Land Size
311m2
Local Government
Hobart
Lot/Plan
1/224233

Last Listing description (August 2026)

Positioned in the vibrant heart of Hobart's CBD, this exceptional mixed-use property presents a rare opportunity to secure a blue-chip investment with a strong and diversified income stream. Comprising five fully leased tenancies across retail and residential sectors, the asset delivers stability and long-term growth potential in one of Tasmania's most tightly held commercial precincts.The ground floor features three well-established commercial tenants, each secured by long-term leases with annual CPI increases, ensuring reliable and consistent returns. Complementing the retail component are two self-contained residential apartments on the upper level, providing additional income and further diversification.Currently generating a total income of $129,802.76 per annum, this property offers investors immediate cash flow with the added benefit of future rental growth and lease security.Investment Highlights:Prime CBD location in the heart of HobartMixed-use zoning combining retail and residential opportunitiesFive fully leased tenancies providing a diversified income streamStrong annual income of $129,802.76 paSecure commercial leases with CPI increases.Two residential apartments enhancing income stabilityTotal outgoings = $16,838.44 pa (approx)44% of outgoings recoverable under the terms of the commercial leases ($7,408.91pa approx.)This tightly held asset offers an exceptional opportunity for investors seeking a secure, income-producing property with long-term upside in Hobart's thriving city centre. With its strategic location, strong tenant mix, and reliable returns, this is an investment not to be missed.A virtual walk through video is available upon request.

Property History for 220-224 Liverpool St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$366,000
31 May 2026
  • 31 May 2026
    Sold for $366,000
  • 14 Apr 2026
    Listed for Sale Offers Over $1,845,000
  • 13 Jul 2012
    Sold for $640,000
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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, 96 properties were sold in the past 12 months in Hobart.

Suburb Insights for Hobart 7000

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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.