190 New Town RoadNew Town TAS 7008
Property Details for 190 New Town Rd, New Town
Last Listing description (October 2023)
Knight Frank are pleased to offer for lease a high profile showroom in the tightly held commercial pocket of New town, approximately 7km from Hobarts CBD.
The property is located on busy New Town Road, one of the main connecting roads between the Hobart CBD and the northern suburbs. Surrounding brands include, Unique Floors, Woolworths, Dan Murphys, Pizza Hut, New Town Plaza Shopping Centre and Jackman & McCross.
The property is currently occupied by Hobart Kitchen Centre and sits on a substantial site of 792sqm*, with a commanding 20m frontage and the building comprising of ground floor open plan showroom with first floor offices and amenities.
The property provides fantastic scope for serviced retail, retail, showroom or office (STCA).
Call the undersigned for more information today.
Property History for 190 New Town Rd, New Town, TAS 7008
- 20 Sep 2023Listed for Rent - Price not available
- 15 Dec 2020Sold for $1,000,000
- 13 Aug 2015Sold for $500,000
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0About New Town 7008
The size of New Town is approximately 4.0 square kilometres. There are 8 parks, covering nearly 9.3% of the total area. The population of New Town in 2016 was 6122 people. By 2021 the population was 6781 showing a population growth of 10.8% in the area during that time. The predominant age group in New Town is 20-29 years. Households in New Town are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation.In 2021, 56.80% of the homes in New Town were owner-occupied compared with 57.40% in 2016.
New Town has 3,095 properties. Over the last 5 years, Houses in New Town have seen a -2.46% decrease in median value, while Units have seen a 12.18% increase. As at 31 August 2026:
- The median value for Houses in New Town is $864,401 while the median value for Units is $540,519.
- Houses have a median rent of $675 while Units have a median rent of $513.
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