SOLD
Sold on 23 Dec 2023 for $1,250,000

52 Murray Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 106m2
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Property Details for 52 Murray St, Hobart

Building Type
Commercial
Land Size
106m2
Local Government
Hobart
Lot/Plan
1/80327

Last Listing description (November 2023)

Knight Frank presents for sale this iconic corner freehold asset, in the heart of the Hobart CBD.

This attractive property, with beautiful character features occupies a dominant corner position on the corner of Murray Street and Collins Street, metres from the Hobart CBD's two main shopping centres, Cat and Fiddle Arcade and Centrepoint Shopping Centre.

The ground floor is currently vacant and level 1 is leased on a monthly basis to a long-term tenant, providing fantastic scope to part owner-occupy and let the balance of the building, or occupy the whole building.

This opportunity should be strongly considered, for its irreplaceable corner location, versatile occupancy status and value add potential.

For sale via Expressions of Interest, closing Thursday, 7 December 2023 at 4pm (AEDT)

*Approx

Property History for 52 Murray St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,250,000
23 Dec 2023
Listed for Rent
$63k/w
06 Nov 2023
  • 23 Dec 2023
    Sold for $1,250,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 21 Dec 2015
    Listed for Rent - Price not available
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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 3,036 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.
There are currently 16 properties listed for sale, and 31 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 69 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.