Property Details for 46-56 Barrack St, Hobart
Last Listing description (May 2025)
RWC Tasmania is pleased to present 46 Barrack Street, Hobart, a standout investment opportunity just moments from the CBD.
This charming 131sqm standalone character building spans two levels and is situated in a vibrant mixed-use precinct. Zoned 'Inner Residential' with existing commercial use rights, the property offers flexibility for investors, owner-occupiers, or potential residential conversion (STCA).
Currently leased to an established hair and beauty tenant on a 3+3+3 year lease, with the initial term expiring 31 December 2025, the lease includes a market rent review at option, providing scope for future rental growth and capital appreciation.
Featuring stylish, modernised interiors, the property ensures strong tenant appeal and long-term value.
The sale is subject to the completion of a strata process and is offered by Expressions of Interest, closing Thursday, 10th April 2025, at 4pm (AEST).
Property History for 46-56 Barrack St, Hobart, TAS 7000
- 13 Mar 2025Listed for Sale Contact agent
- 09 Jul 1987Sold for $99,000
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 3,100 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.
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