223 Harrington StreetHobart TAS 7000
Property Details for 223 Harrington St, Hobart
Last Listing description (July 2025)
Currently leased at $82,0000 pa plus outgoings till 25 August 2025 - allowing plenty of time for future planning. This affordable mixed use property, presently used as office/warehouse, offers a myriad of options for its new owner. Theproperty has outstanding redevelopment potential. Favoured with a highly flexible commercial zoning, the property features, a broad spectrum of permitted and discretionary uses, including residential, offices, professional services, tourism, education, food services, etc. A property with fabulous potential in an unbeatable city fringe location which has in recent years, been the focus of considerable new development and in this instance a multi-store near new residential property.
With the choice of vacant possession by 25 August 2025 OR 1 year extension on lease to 25 August 2026.
With interest rates steadily reducing this fringe city location is most appealing .
Property History for 223 Harrington St, Hobart, TAS 7000
- 30 Apr 2025Listed for Sale Offers Over $1,350,000
- 11 Nov 2024Listed for Sale Offers over $1,300,000
- 12 Aug 2024Listed for Sale Offers over $1,300,000
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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 3,102 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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