OFF MARKET

19 Macquarie Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 131m2
Land area: 131m2
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Property Details for 19 Macquarie St, Hobart

19 Macquarie St, Hobart is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 131m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
2003
Floor Size
131m2
Land Size
131m2
Local Government
Hobart
Lot/Plan
1/138012

Last Listing description (October 2020)

Knight Frank is delighted to offer for sale a rare CBD commercial ground floor strata opportunity that suits a variety of medical and professional uses (STCA).

The property is currently leased on a monthly basis to BODYSYSTEM PHYSIO, however if you would like to occupy the property, one months notice to vacate can be provided to the Tenant. The Tenant has expressed interest in extended their lease term and welcomes lease discussions with the future owner.

The current annual net income is $29,781 plus GST, plus outgoings (approximately $5,018 plus GST). This rental amount is considered below the estimated market rental parameters, suggesting potential for future rental growth in the short-medium term.

The property is minutes walk to the Hobart CBD, Royal Hobart & Hobart Private Hospitals and popular waterfront precinct, and is serviced by public transport on Macquarie Street.

With record low interest rates has there ever been a better time to buy your own premises?

The property is For Sale by Expressions of Interest closing Thursday 17 September 2020 at 4:00pm AEST.

Property History for 19 Macquarie St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$660,000
25 Sep 2020
  • 25 Sep 2020
    Sold for $660,000
  • 20 Aug 2020
    Listed for Sale For Sale by Expressions of Interest
  • 23 Apr 2002
    Sold for $265,000
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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 3,030 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.
There are currently 15 properties listed for sale, and 30 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Hobart.

Suburb Insights for Hobart 7000

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.