RWC Tasmania has been appointed to sell Unit 2, 369 Argyle Street, situated within North Hobart's highly sought-after and established mixed-use precinct.
Located just 2 kilometres north of Hobart's CBD, this versatile asset offers exceptional connectivity to major arterial road networks and is within walking distance of the vibrant North Hobart strip.
The property currently generates a dual income streams, however is perfectly positioned for an owner-occupier seeking a permanent inner-city base. The commercial component is occupied until 30 June 2026, and the residential tenancy is maintained on a monthly basis, offering a clear path to vacant possession or attractive additional income.
Key Property Features Include:
+ Durable concrete block structure totalling approximately 235 sqm of building area
+ Functional professional office suite with reception of 100 sqm* and open-plan areas, additional 75 sqm* high-clearance, clear-span workshop with roller door access
+ A self-contained 38 sqm* one-bedroom apartment featuring a generous deck, suitable for staff housing, an on-site manager, or as a consistent secondary income stream.
+ Equipped with a 10 kW solar panel system, LED lighting, four reverse cycle air-conditioning units, and a motorised entry gate for secure access.
+ The site is zoned "Inner Residential" under the Tasmanian Planning Scheme, providing long-term flexibility for conversion or mixed-use development (STCA).
With a high level of owner-occupation in the area and limited competing supply, this asset represents a rare chance to secure a strategic footprint in one of Hobart's most resilient commercial locations.
*Approximate
The size of North Hobart is approximately 1.0 square kilometres. There are 3 parks, covering nearly 5.6% of the total area. The population of North Hobart in 2016 was 2494 people. By 2021 the population was 2600 showing a population growth of 4.2% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation.In 2021, 43.80% of the homes in North Hobart were owner-occupied compared with 41.80% in 2016.
North Hobart has 1,619 properties. Over the last 5 years, Houses in North Hobart have seen a -3.22% decrease in median value, while Units have seen a -2.02% decrease. As at 31 July 2026:
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