4 Heathfield AvenueHobart TAS 7000
Property Details for 4 Heathfield Ave, Hobart
Last Listing description (October 2025)
RWC Tasmania is proud to exclusively offer for sale this highly attractive commercial investment or owner-occupier opportunity, ideally located within Hobart's CBD, an area that continues to lead the nation as a safe haven for investment.
Superbly positioned on Heathfield Avenue, accessed via Davey Street, one of Hobart's main arterial roads, the property sits within a mixed-use precinct of the CBD. This location offers exceptional convenience, with easy access to the city centre and within walking distance of the popular Salamanca and Sullivan's Cove waterfront precinct.
The building has recently undergone an extensive refurbishment, including a new roof, updated electrical, ducted heating/cooling system, fresh paint, and new carpet. Spread across three levels, the property offers a total gross area of approximately 403 sqm*.
Property Overview:
+ Lower Ground (81sqm): Multiple storage areas in an unrenovated condition, offering the potential for upgrade and additional rental income.
+ Ground Floor (161sqm): Features a substantial and well-presented reception/boardroom, three large offices, kitchen, amenities, and multiple storage areas.
+ Level 1 (161sqm): Comprises four spacious offices, a boardroom, kitchen, amenities, and additional storage areas.
The flexible floor plan allows for partial or full occupation, providing versatility for investors or owner-occupiers. The property is further enhanced by four on-title car parks, with scope to add more at the rear of the site, which has a total area of approximately 469 sqm*.
The property is currently leased to HF Construction Group, a local building company, on a short term two year lease commencing 1st May 2025. The lease provides a gross income of $144,000 per annum, offering excellent flexibility for an owner-occupier or investor seeking a premium office asset in a sought after location.
Call the undersigned for more information today.
Property History for 4 Heathfield Ave, Hobart, TAS 7000
- 30 Sep 2025Sold for $2,000,000
Recent sales nearby
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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 3,095 properties. Over the last 5 years, Houses in Hobart have seen a -1.20% decrease in median value, while Units have seen a 10.64% increase. As at 30 April 2026:
- The median value for Houses in Hobart is $1,020,757 while the median value for Units is $773,891.
- Houses have a median rent of $700 while Units have a median rent of $650.
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