FOR SALE
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468 Macquarie Street
South Hobart TAS 7004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Family Supermarket Operating 50+yrs South Hobart T/O Appr $60,000 Weekly Location and Potential

Exciting Opportunity: Thriving Family Supermarket for Sale in South Hobart
Here’s your chance to own a highly successful, long-standing family-run supermarket in South Hobart! Established in the 1980s, this turnkey business offers a strong customer base, steady profits, and a seamless transition for new owners.
Why This Supermarket is a Must-Buy?
Flexible Working Arrangement: Currently run by 2 owner-operators with flexible hours. Ideal for a family or hands-on owners looking to run the business full-time and save on staffing costs.
Diverse Product Range: Offers everything from fresh fruits and vegetables to meat, bakery items, ready-to-eat meals, cigarettes, hardware, and more—truly a one-stop shop for the community.
Local Favorite: Macquarie Store is a well-established institution and a beloved part of the community. Locals rely on this store for their daily shopping needs, making it a trusted and essential destination.
Additional Benefits:
Strong Staff Support: Experienced team of 6 casual employees manage day-to-day operations, ensuring the business runs smoothly.
7-Day Trading: Open every day, maximizing customer convenience and business potential.
Long Lease: A new long-term lease at approximately $1,730 + GST + outgoings per week ensures a stable and manageable overhead.
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Property Details for 468 Macquarie St, South Hobart

Building Type
Commercial
Floor Size
1m2

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About South Hobart 7004

The size of South Hobart is approximately 9.2 square kilometres. It has 7 parks covering nearly 9% of total area. The population of South Hobart in 2011 was 5,077 people. By 2016 the population was 5,316 showing a population growth of 4.7% in the area during that time. The predominant age group in South Hobart is 20-29 years. Households in South Hobart are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Hobart work in a professional occupation. In 2011, 62.4% of the homes in South Hobart were owner-occupied compared with 63.4% in 2016.

South Hobart has 2,668 properties. Over the last 5 years, Houses in South Hobart have seen a 30.38% increase in median value, while Units have seen a 16.06% increase. As at 30 November 2024:

  • The median value for Houses in South Hobart is $853,456 while the median value for Units is $520,771.
  • Houses have a median rent of $550 while Units have a median rent of $485.
There are currently 5 properties listed for sale, and 4 properties listed for rent in South hobart on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in South hobart.

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