Knight Frank is pleased to offer for lease, on an exclusive basis, this prized North Hobart tenancy, which previously formed part of the CBA branch in North Hobart. Tenancy 1, 365 Elizabeth Street provides an outstanding opportunity to secure a retail or hospitality tenancy with food and beverage provisions already installed.
The adjoining tenancy has been recently secured by a national tenant: Zambrero who occupies 89sqm. Tenancy 1 will be a cold shell, open plan floor space of approximately 120sqm with an additional 120 sqm (approx.) on the lower ground, complete with kitchenette, staff room, toilet, and additional storage.
The exposure is first class and the tenancy is surrounded by a mixture of Hobart's leading businesses.
This is a rare opportunity to secure such a prime tenancy on arguably Hobart's most sought-after retail strip, with all the hard work done.
Call now for more information.
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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