RWC Tasmania offers for sale this outstanding opportunity to purchase a highly attractive, refurbished, mixed commercial and residential property that ticks all of the boxes.
The asset is only approximately 750 metres south of Hobart's central retail block and a similar distance south west of the popular Salamanca/Sullivan's Cove waterfront precinct. Making the property conveniently located within easy walking distance to all shop, services, restaurants, cafes and community facilities.
The property has been extensively refurbished in recent times and is immaculately presented. The upper ground level comprises a reception/hallway, three offices/consulting rooms and amenities and would suit a variety of commercial/professional uses^, with the lower ground floor comprises a spacious 2/3 bedroom residential apartment benefited by separate access and yard, currently leased for $530PW.
The property is complimented by approximately three rear on-site carparks which are accessed via a benefiting right of way from Denison Lane.
Hobart's inner city mixed use assets continue to perform well, making this an opportunity not to be missed for an owner occupier or savvy investor.
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 3,094 properties. Over the last 5 years, Houses in Hobart have seen a -0.28% decrease in median value, while Units have seen a -2.34% decrease. As at 30 June 2026:
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