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53 Elizabeth Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
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Floor area: 148m2
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ELIZABETH MALL OPPORTUNITY (148m2 approx)

Raine & Horne Commercial is delighted to offer for lease a multi-purpose commercial tenancy within Elizabeth Street Mall, the retail heart of Hobart's CBD. Features include;
• A premium, central mall position above Price Cutters, and nearby JD Sports, Cotton On, Supre, Target, Ally, and many other leading national retailers.
• Numerous signage options.
• Comprises a first floor tenancy (148m2 approx) with stair access from Elizabeth Mall. Features a largely open plan layout incorporating a large office/store room, lunch room, and separate rear amenities. An expansive front window and skylights provide exceptional natural light, whilst 2 x air-conditioners provide heating/cooling.
• With previous uses including a hairdresser, and more recently a beauty salon, this blank canvas is suited to a range of businesses including retail, office, service industries etc. (STCA)
• Available Now

Property Details for 53 Elizabeth St, Hobart

Building Type
Commercial
Floor Size
148m2

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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation. In 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016.

Hobart has 3,045 properties. Over the last 5 years, Houses in Hobart have seen a 19.57% increase in median value, while Units have seen a 10.13% increase. As at 30 November 2024:

  • The median value for Houses in Hobart is $998,201 while the median value for Units is $721,739.
  • Houses have a median rent of $540 while Units have a median rent of $580.
There are currently 14 properties listed for sale, and 30 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Hobart.

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Leslie Simpson
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Raine & Horne Commercial Hobart
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