63 Davey Street, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

63 Davey Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 457m2
Land area: 796m2
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Property Details for 63 Davey St, Hobart

Building Type
Commercial
Year Built
1954
Floor Size
457m2
Land Size
796m2
Local Government
Hobart
Lot/Plan
1/54396

Last Listing description (December 2025)

Are you a young and enthusiastic couple looking to start your own business? Here's your chance to step into an exciting venture with minimal risk!

Introducing the Davey Bar & Grill Restaurant: A Unique Opportunity with Unmatched Support
What Davey Bar & Grill Restaurant Offer:

Flexible Rent:
Your rent is based on your weekly turnover, ensuring that you only pay based on your success. There is a performance benchmark, which will be reviewed after 12 months to assess progress and viability.

Supportive Landlord:
The landlord is committed to working with you to set up the restaurant. They will assist with the initial setup and provide marketing support to ensure a strong start for your business.

Vision:
The landlord envisions a Tasmanian-themed storytelling restaurant/bar, specialising in charcoal steak, exclusive Tasmanian whiskeys, and wines. This unique concept will attract food enthusiasts and create a memorable dining experience.

Comprehensive Setup:
The restaurant/bar can comfortably seat 100 people, providing a spacious and inviting atmosphere for your patrons. The setup is designed to facilitate smooth operations and a delightful customer experience.

Why This Opportunity is Perfect for You:
Minimal Risk:
Start your business with minimal financial risk. Your success is the landlord's success, and they are deeply invested in ensuring you thrive. This unique arrangement allows you to focus on growing the business without the burden of high upfront costs.

Extensive Support:
Benefit from the landlord's extensive support in both setup and marketing. From helping you design the perfect layout to promoting your grand opening, the landlord is here to help you every step of the way.

Unique Concept:
Be a part of a unique concept that celebrates the rich flavors and stories of Tasmania. Specialising in charcoal steak and exclusive local whiskeys and wines, your restaurant will offer a distinct and appealing experience to both locals and tourists.

Collaborative Success:
This venture is designed to be a win-win situation. The landlord's commitment to your success means you'll have a partner invested in the prosperity of your business. Regular reviews and open communication will ensure that both parties are aligned and working towards common goals.

Capitalize on the new AFL stadium and incoming international flights
Don't miss out on Hobart's growth!

This opportunity is perfect for a young couple or partners who are passionate about the culinary arts and eager to establish a thriving restaurant/bar. Your energy, enthusiasm, and fresh ideas will be key to creating a vibrant and successful business.

Don't Miss Out!
This is an exciting opportunity for a young couple or partners to establish a thriving restaurant/bar with the support of a committed landlord. With flexible rent based on turnover, extensive setup and marketing assistance, and a unique Tasmanian-themed concept, this venture offers minimal risk and maximum potential.

Contact us to learn more and make this opportunity yours!

**Rendering Disclaimer: These visuals are for illustrative purposes only and are subject to modification. Final products may differ**

Property History for 63 Davey St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$715,000
28 May 2013
Listed for Rent
$958/w
04 Dec 2024
  • 01 Dec 2025
    Listed for Rent - Price not available
  • 04 Dec 2024
    Listed for Rent - Price not available
  • 01 Sep 2015
    Listed for Rent $60,000 / year
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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 3,101 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.
There are currently 33 properties listed for sale, and 58 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 96 properties were sold in the past 12 months in Hobart.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.