295 Macquarie StreetHobart TAS 7000
Property Details for 295 Macquarie St, Hobart
Last Listing description (November 2022)
Knight Frank has the opportunity to offer for sale on an exclusive basis, this highly attractive, commercial opportunity for investors and owner occupiers, within Hobart's CBD fringe.
The property is superbly located on the high-profile Macquarie Street, close to Warneford Street, in a mixed use area of the Hobart CBD. The location is highly convenient being on the western fringe of Hobart's CBD, with easy access to the city center and the popular Salamanca/Sullivan's Cove waterfront precinct.
The property is a part three level building and has a gross area of approximately 303 sqm, plus a one car garage. Complimented by additional car parking at the rear for approximately 6 cars, and is all contained within approximately 693 sqm.
The property is currently leased by The Skin Care Clinic on the lower ground floor and Tasman Plastic Surgery, on the ground and upper level, both tenants are on monthly tenancy arrangements having a current estimated passing net rent of $58585 pa plus GST, offering great flexibility for an astute purchaser.
Property History for 295 Macquarie St, Hobart, TAS 7000
- 16 Nov 2022Sold for $1,610,000
- 19 Oct 2022Listed for Sale Contact Agent
- 30 Sep 2002Sold for $325,000
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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 3,095 properties. Over the last 5 years, Houses in Hobart have seen a 1.50% increase in median value, while Units have seen a 2.03% increase. As at 31 May 2026:
- The median value for Houses in Hobart is $1,033,977 while the median value for Units is $740,493.
- Houses have a median rent of $690 while Units have a median rent of $650.
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