98 Augusta RoadLenah Valley TAS 7008
Property Details for 98 Augusta Rd, Lenah Valley
Last Listing description (February 2022)
Located in Lenah Valley, one of Hobart's most popular and leafy suburbs, this property is perfectly positioned on the busy Augusta Road and within the active commercial precinct of Lenah Valley, capturing patronage from surrounding areas including New Town, Mount Stuart, Moonah, West Hobart and North Hobart.
The property has been extensively renovated to a high standard to provide for multiple tenancy options such as coffee shop/cafe, bar, restaurant, or all three and is ready to move into.
Significant hospitality infrastructure is in place such as grease traps, range hoods, commercial kitchens, cool rooms, pizza oven, air curtains, auto doors, bifolding windows, three phase power and gas.
Comprising two serving areas, a bar and multiple air conditioned dining areas, amenities and outdoor dining areas completes the picture.
The state's largest Private Hospital is located a few hundred metres away. With a thriving local market there is huge potential for this site.
Please call now for more information.
Property History for 98 Augusta Rd, Lenah Valley, TAS 7008
- 29 Jun 2021Listed for Rent - Price not available
- 01 Aug 2014Listed for Rent - Price not available
- 09 Feb 1994Sold for $270,000
Recent sales nearby
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About Lenah Valley 7008
The size of Lenah Valley is approximately 8.4 square kilometres. It has 10 parks covering nearly 3.3% of total area. The population of Lenah Valley in 2016 was 5940 people. By 2021 the population was 6522 showing a population growth of 9.8% in the area during that time. The predominant age group in Lenah Valley is 30-39 years. Households in Lenah Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lenah Valley work in a professional occupation.In 2021, 72.50% of the homes in Lenah Valley were owner-occupied compared with 74.00% in 2016.
Lenah Valley has 3,129 properties. Over the last 5 years, Houses in Lenah Valley have seen a 33.50% increase in median value, while Units have seen a 31.87% increase. As at 31 December 2025:
- The median value for Houses in Lenah Valley is $851,726 while the median value for Units is $576,530.
- Houses have a median rent of $620 while Units have a median rent of $515.
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