25-29 Barrack StreetHobart TAS 7000
Property Details for 25-29 Barrack St, Hobart
Last Listing description (April 2021)
* State of the art 2 level freestanding showrooms with frontage to Barrack & Collins Streets
* Lessee trading as world renowned motoring icons BMW & Renault
* 4 year lease commencing 6th January 2012, with a further 3 x 4 year options remaining
* Combined net income of $280,000, set to increase in early 2014
* Collective land area of 1,969 sqm* set over 2 titles, with future redevelopment potential (STCA)
* Unbeatable position at the heart of Hobart's CBD
For Sale by Expressions of Interest closing Thursday 14th November 2013 at 3:00pm (AEST).
For further information contact CBRE City Fringe & Metropolitan Investments Team on +6 03 8541 3333.
For inspections, contact conjunctional agents, Edwards Windsor on +6
Property History for 25-29 Barrack St, Hobart, TAS 7000
- 17 Oct 2018Listed for Rent $52,000 / year
- 12 Apr 2018Listed for Rent $52,000 / year
- 09 Mar 2018Sold for $5,250,000
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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 3,102 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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