281 Elizabeth StreetNorth Hobart TAS 7000
Property Details for 281 Elizabeth St, North Hobart
Last Listing description (October 2023)
This combined office/industrial property is located in the highly sought-after area of North Hobart, Tasmania. The property features a well-designed office space and a spacious industrial area, making it ideal for businesses that require both functions in one location.
The office space is modern and well-lit, with plenty of natural light pouring in through large windows. It is equipped with all the necessary amenities, including air conditioning, heating, and high-speed internet connectivity. The office also includes multiple private offices, meeting rooms, a reception area, and a kitchenette.
The industrial area of the property is vast and open, with high ceilings and ample floor space. It is suitable for a variety of industrial uses, including manufacturing, warehousing, and distribution. The area is well-lit and ventilated, making it a comfortable and safe working environment.
Brand new three year lease with two further 5 year options.
Estimated Gross Income of $93,500.00 per annum with tenants paying 50% of the total building outgoings.
Property History for 281 Elizabeth St, North Hobart, TAS 7000
- 15 Jan 2024Sold for $1,290,000
- 15 Dec 2022Listed for Sale Contact Agent
- 25 Mar 2020Listed for Rent - Price not available
Recent sales nearby
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0About North Hobart 7000
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:
- The median value for Houses in North Hobart is $910,805 while the median value for Units is $718,874.
- Houses have a median rent of $620 while Units have a median rent of $620.
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