123 Argyle StreetHobart TAS 7000
Property Details for 123 Argyle St, Hobart
Last Listing description (November 2023)
Knight Frank is pleased to offer to market 123 Argyle Street, Hobart a very well presented, fringe CBD showroom and warehouse offering.
Situated on the north-eastern side of Argyle Street, between Patrick and Brisbane Street, 123 Argyle Street occupies a dominant position on one of Hobart's busier thoroughfares. Entering the property, you are met with a spacious, recently painted showroom with two supporting offices. A further rear showroom and two additional offices (4 in total) supplement the commercial area.
155 sqm* of warehouse storage and secure off-street parking for multiple vehicles are added benefits to the property. Uniquely, the first floor has been renovated as a 1-bedroom flat with all amenities to live comfortably, perfect for resident occupiers.
The property is being offer for sale on a vacant possession basis.
*Approx
For Sale via Expressions of Interest closing Thursday 14 December 2023 at 4pm (AEDT).
Property History for 123 Argyle St, Hobart, TAS 7000
- 19 Dec 2023Sold for $1,683,000
- 22 Nov 2023Listed for Sale Contact Agent
- 17 Feb 2017Sold for $700,000
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0About 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 3,036 properties. Over the last 5 years, Houses in Hobart have seen a 27.83% increase in median value, while Units have seen a 34.77% increase. As at 31 October 2024:
- The median value for Houses in Hobart is $1,051,039 while the median value for Units is $818,558.
- Houses have a median rent of $560 while Units have a median rent of $575.
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