OFF MARKET

5 Evans Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 1134m2
Land area: 641m2
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Property Details for 5 Evans St, Hobart

Building Type
Commercial
Year Built
1938
Floor Size
1134m2
Land Size
641m2
Local Government
Hobart
Lot/Plan
1/41734

Last Listing description (June 2009)

RETLAS FOUNDRY
THE OLDEST FOUNDRY IN THE SOUTHERN HEMISPHERE AND ESTABLISHED ON THE HOBART WATERFRONT FOR OVER 100 YEARS.
INCLUDES A HUGE ARRAY OF EQUIPMENT AND VALUABLE PATTERNS.

RETLAS FOUNDRY PRODUCES CASTINGS FROM BRONZE, BRASS, STEEL, ALUMINUM, LEAD, ZINC AND CAST IRON. THE CASTINGS INCLUDE WINCH PARTS, INDUSTRIAL PARTS, MARINE ITEMS, CRAB AND ABALONE MEASURES, BRONZE BUSHES AND HOUSING REPRODUCTION ITEMS SUCH AS LACE WORK, BRONZE PLAQUES AND NAME PLATES.
THEY ARE A SUPPLIER TO MINING, TRANSPORT, MARINE AND HEAVY INDUSTRY SECTORS.
ANNUAL REVENUE EXCEEDS $1.1 MILLION WITH A PROFIT UNDER MANAGEMENT OF CLOSE TO $200,000.
OPERATING WITH 5 FULLTIME AND 2 CASUAL STAFF.
NEW OWNERS WILL NEED TO RE-LOCATE THE BUSINESS WITHIN 12 MONTHS—POTENTIAL SITES ALREADY AVAILABLE .
REFER TO THEIR WEBSITE WWW.RETLAS.COM.AU
$200,000 PLUS STOCK

Property History for 5 Evans St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,000,000
01 Jul 2008
  • 05 Feb 2009
    Listed for Sale $200,000 PLUS STOCK
  • 01 Jul 2008
    Sold for $1,000,000
  • 19 Oct 2007
    Sold for $1,000,000
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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.

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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.