134 Macquarie StreetHobart TAS 7000
Property Details for 134 Macquarie St, Hobart
Last Listing description (October 2021)
An unprecedented opportunity exists for leading cafe/hospitality operators to lease an exclusive cafe space, in one of Hobart's premier office buildings, "The Lands Building".
The tenancy occupies a prominent ground floor corner position with direct street frontage to one of Hobart's busiest streets whilst it also has a significant internal frontage to the office building's main foyer. As a result, the tenancy has a captive market from the 750 daily workers in the building plus a further approximately 500 people who visit Service Tasmania daily which is across the hallway. As the building is situated in the heart of Hobart's office precinct, there is no shortage of customers passing by this tenancy day in day out, thus offering an unparalleled opportunity for the savvy operator.
A major re-development of the building has just been completed, with this 131 sqm, high class, brand new tenancy the last piece in the puzzle. The tenancy has extensive glazing and high ceiling, ready for you to impart your personal touch with fit-out.
This is a remarkable and rare opportunity that demands consideration from all leading cafe and hospitality operators. The tenancy is being offered for lease via Expressions of Interest closing 24 March 2021. Contact Richard Steedman on 0408 559046 for further information.
Property History for 134 Macquarie St, Hobart, TAS 7000
- 21 Dec 2023Sold for $57,500,000
- 20 Nov 2020Listed for Rent - Price not available
- 26 Feb 2004Sold for $27,520,000
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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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