OFF MARKET

86 Murray Street
Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 60m2
Land area: 1229m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 86 Murray St, Hobart

Building Type
Commercial
Year Built
1955
Floor Size
60m2
Land Size
1229m2
Local Government
Hobart
Lot/Plan
3/7464

Last Listing description (September 2021)

Lending to large format retail or professional service uses, this tenancy offers approx 450msq of prime ground floor space. Becoming vacant after a long standing tenure, this is a rare opportunity for the Hobart CBD.

The street facing faade provides generous window display with high pedestrian and vehicle traffic flow, as well as excellent merchandise display. Possible sub division to smaller tenants would be considered.

Fully air conditioned and including staff facilities, storage and office space on site, this opportunity is one not to be missed.

For further information or to arrange an inspection, please call Devine Property (03) 62 384 800.

Property History for 86 Murray St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$3,200,000
07 Jun 1993
Listed for Rent
$39k/w
13 Jun 2023
  • 23 Apr 2021
    Listed for Rent - Price not available
  • 02 Sep 2019
    Listed for Rent $46,116 / year
  • 19 Mar 2018
    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 3,035 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.