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

252 Macquarie Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 560m2
Land area: 560m2
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Property Details for 252 Macquarie St, Hobart

Building Type
Commercial
Year Built
1988
Floor Size
560m2
Land Size
560m2
Local Government
Hobart
Lot/Plan
1/89928

Last Listing description (April 2026)

Nestled in the heart of Hobart's bustling Macquarie Street, this prime commercial restaurant site for lease is your canvas for creating the next culinary sensation or any retail use. With its enviable location and rich potential, this space beckons visionary restaurateurs to craft unforgettable dining experiences in one of Tasmania's most coveted destinations. Potentially saving $$$ for Marketing!

Property Highlights
Restaurant Space: This restaurant gem is divided into two sections, offering seating for up to 80 guests, ensuring a comfortable and enjoyable atmosphere for all.

Liquor License: Seamlessly incorporate a wide array of beverages into your business with the convenience of an existing liquor license, empowering you to unlock new revenue streams. (STCA)
Main Road Allure: Positioned on the main artery road Macquarie Street, your business will thrive with maximum visibility and easy access to a diverse and dynamic clientele, ensuring a constant flow of patrons.
Maximum Brand Exposure: Located on Hobart's bustling main road offers unparalleled signage opportunities, ensuring your brand stands out and attracts the attention of a diverse and constant flow of passersby.
Well-Equipped Kitchen: This space boasts a fully equipped kitchen complete with a stove, deep fryer, and all the essential appliances you will need, designed to handle high-volume operations.
Convenient Cool Room and Ample Storage: In addition to the fantastic kitchen facilities, this space also offers a spacious cool room and ample storage, ensuring you have all the room you need to keep your ingredients fresh and your supplies well-organized

Seize this golden opportunity to establish your presence on Hobart's premier main road. It can be use as any types of the business. 252 Macquarie Street is more than just a space; it's your gateway to unlocking the full potential of your commercial venture!

Property History for 252 Macquarie St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,000,000
10 Dec 2015
Listed for Rent
$65k/w
06 Sep 2023
  • 08 Apr 2026
    Listed for Rent - Price not available
  • 13 Feb 2025
    Listed for Rent - Price not available
  • 29 May 2024
    Listed for Rent - Price not available
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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.
There are currently 34 properties listed for sale, and 59 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.