FOR SALE
For Sale by Expressions of Interest

160-166 Collins Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1944m2
Land area: 966m2
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Premier Hobart Mixed Use Building | Located in Australian Hottest CBD Office Market (Vacancy Rate - 2.8%)

Strong Occupancy History
Prime 966sqm* Core CBD Site
Future Development Upside (STCA)
Mix Property Group in conjunction with Burgess Rawson are pleased to offer to the market, the Premier CBD Mixed Use Building located at 160-166 Collins Street Hobart, TAS for sale via Expressions of Interest.
This opportunity has the following key investment highlights:
* Strong occupancy history with major tenants in occupation for many years, anchored by WLF Accounting & Advisory, on-site since 1994, on a long 12-year lease through to 2028 with two (2) further five (5) options to 2038.
* WLF Accounting & Advisory: highly successful independent Tasmanian firm, established in 1890, now operating with 12 partners and over 70 specialist professionals. (1)
* Look Optical: 29+ years of experience, specialising in providing professional eye care solutions.
* Sfumato Hair: multi award-winning hair salon including Tasmanian Hairdresser of the Year and Finalists for multiple awards at the 2017 Australian Hair Fashion Awards.
* Position Perfect CBD mixed use building, set over three levels with 1,944 sqm* of lettable area.
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Property Details for 160-166 Collins St, Hobart

Building Type
Commercial
Floor Size
1944m2
Land Size
966m2

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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 3,032 properties. Over the last 5 years, Houses in Hobart have seen a 26.64% increase in median value, while Units have seen a 26.53% increase. As at 30 September 2024:

  • The median value for Houses in Hobart is $1,029,888 while the median value for Units is $789,934.
  • Houses have a median rent of $563 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 34 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Hobart.

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