2/31 Tower RoadNew Town TAS 7008
Property Details for 2/31 Tower Rd, New Town
Last Listing description (October 2023)
Knight Frank is pleased to present this well-appointed office opportunity to the market.
The office has an excellent mix of private offices, open plan work areas and meeting rooms & good signage to Tower Road.
There are very few office opportunities of this size in Hobart's Northern Suburbs, and even fewer with quality fit-outs in situe, especially for any organization that may require multiple private consulting rooms.
The offering is complimented by 4 onsite car parks and ample free street parking nearby unlike the CBD.
Property History for 2/31 Tower Rd, New Town, TAS 7008
- 16 Aug 2023Listed for Rent $135,000 / year
- 01 May 2018Listed for Rent - Price not available
- 04 Dec 2017Listed for Rent - Price not available
Recent sales nearby
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0About New Town 7008
The size of New Town is approximately 4.0 square kilometres. It has 8 parks covering nearly 9.3% of 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 3,092 properties. Over the last 5 years, Houses in New Town have seen a 18.30% increase in median value, while Units have seen a 16.62% increase. As at 31 January 2026:
- The median value for Houses in New Town is $867,870 while the median value for Units is $488,545.
- Houses have a median rent of $600 while Units have a median rent of $500.
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