8 Brooke StreetHobart TAS 7000
Property Details for 8 Brooke St, Hobart
Last Listing description (June 2021)
Knight Frank has the exclusive opportunity to offer for sale two freehold strata lots in the 'City Flour Mills' building at 8 Brooke Street, Hobart.
The properties are for sale either in one line or separately by Expressions of Interest.
8 Brooke Street, Hobart, is a c1860's multi-level, heritage building on a 'mixed-use' zoned parcel of land in the in the prime harbourside precinct of Sullivan's Cove/Salamanca.
On offer is a ground floor unit (Lot 1) of 143 sqm (approx) tenanted by one of Hobart's finest restaurants, Stockmarket. The first floor (Lot 2) is over 244 sqm (approx) and is occupied by Salamanca Psychology.
Lot 1 has a new 6 year term from 1/6/2021 at a net rental of $73,106 (approx) and Lot 2 has 5 years remaining on lease with a net rental of $81,120 (approx).
The building was extensively refurbished approximately 5 years ago, with Lot 2 upgrade works completed 2 years ago.
Inspections strictly by appointment.
Property History for 8 Brooke St, Hobart, TAS 7000
- 20 Apr 2021Listed for Sale by Expressions of Interest
- 19 Mar 2020Listed for Sale Expressions of interest
- 28 Sep 2017Listed for Sale EXPRESSIONS OF INTEREST
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 3,094 properties. Over the last 5 years, Houses in Hobart have seen a -0.28% decrease in median value, while Units have seen a -2.34% decrease. As at 30 June 2026:
- The median value for Houses in Hobart is $1,042,791 while the median value for Units is $768,476.
- Houses have a median rent of $690 while Units have a median rent of $650.
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