43 Molle Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
 
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43 Molle Street
Hobart TAS 7000

Bedrooms: 10
Bathrooms: 8
Car spaces: 1
Floor area: 145m2
Land area: 303m2
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Property Details for 43 Molle St, Hobart

Building Type
Commercial
Year Built
1880
Floor Size
145m2
Land Size
303m2
Local Government
Hobart
Lot/Plan
2/111933

Last Listing description (May 2026)

An unparalleled and rare opportunity to acquire a dual title holding in Hobarts tightly held city precinct, comprising five luxurious self-contained apartments.

Cherished and enhanced over three decades, the adjoining titles include three premium apartments at 43 Molle Street and two at 47 Molle Street. Each living quarter is immaculately presented, featuring high-end fittings, furnishings and design elements tailored for elegant city living. The buildings and grounds are meticulous and maintained to the highest standard, offering a turn-key investment with immediate appeal.

Four apartments - known as Wellington, Pascoe, Fawkner and the Studio - are currently offered for short-term holiday rental via Hobart Cityscape and major booking platforms. The fifth apartment is an expansive three-bedroom, two-bathroom residence configured over two levels with private courtyard, upper balcony and covered entertaining area - ideal for further owner occupation or income generation.

The premium assets offer easy site access via two driveways off Molle Street with Right-of-Carriageway to each title. Onsite parking for four vehicles, common area parking space, the bonus of one street parking permit, plus ample public parking surrounding the address, offers exceptional convenience for you and your guests.

With adjoining titles, quality infrastructure, versatile usability and a proven income stream, the offering suits those seeking premium real estate with flexibility, instant earning capacity and growth potential.

These unique attributes elevate the long-term value of this rare CBD holding that now could be yours.

Key asset elements:
- Two adjoining freehold titles with flexible usability
- Four apartments fully furnished, and one partly furnished
- Short-term holiday accommodation permit included
- Live-in and lease options for all quality apartments
- Excellent income producer and scope for growth
- Consolidation and expansion potential (STCA)
- Title area zone, 13.0 Urban Mix Use (TPS)

Please Note: An Information Memorandum is available, including price guide. The accommodation business, Hobart Cityscape Pty Ltd is also available for negotiation, conditions apply.

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Property History for 43 Molle St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$73,000
22 Jul 1994
Listed for Rent
$530/w
15 Jul 2024
  • 17 Nov 2025
    Listed for Sale Contact Agent
  • 18 Jan 2021
    Listed for Rent $510 / week
  • 22 Jul 1994
    Sold for $73,000
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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 3,094 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.
There are currently 37 properties listed for sale, and 57 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 89 properties were sold in the past 12 months in Hobart.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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