45 Elizabeth StreetHobart TAS 7000
Property Details for 45 Elizabeth St, Hobart
Last Listing description (November 2023)
Knight Frank is proud to offer for sale, an iconic Hobart building in the Elizabeth Street Mall, 'Kodak House'.
All development and building approvals have been granted to convert and fit-out the 1st to 6th floors into spacious residential inner city executive apartments, including two penthouses.
Kodak House, in the highly prized Elizabeth Street Mall, presents a unique opportunity for the astute builder/developer or an investor. Kodak House is ready to be developed to its highest and best use of inner-city residential living, whilst maintaining the strong passing retail income from National tenant, Caseway.
For more information, please contact the undersigned agents.
Property History for 45 Elizabeth St, Hobart, TAS 7000
- 22 Dec 2023Sold for $2,600,000
- 08 Jun 2022Listed for Sale For Sale By Expressions of Interest
- 17 Dec 2014Listed for Rent - Price not available
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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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