OFF MARKET

285 Elizabeth Street
North Hobart TAS 7000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 1318m2
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Property Details for 285 Elizabeth St, North Hobart

Building Type
Rural
Year Built
1961
Floor Size
140m2
Land Size
1318m2
Local Government
Hobart
Lot/Plan
1/130818

Last Listing description (June 2020)

On offer is the existing lease of the Elizabeth Street premise offering immediate exposure to the busy North Hobart eating precinct.

- Long lease

- Hospitality Site
- Full Commercial Kitchen
- Ample Storage



Well presented, well maintained property with a fair rent.

Large floor space offering restaurant seating for 80 with built in bar area and large commercial kitchen and current liquor license

Good lease conditions in place with a long-term landlord.

Property History for 285 Elizabeth St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$300,000
24 Apr 1998
Listed for Rent
$1.05k/w
29 Jun 2020
  • 10 Mar 2020
    Listed for Rent - Price not available
  • 18 May 2017
    Listed for Rent - Price not available
  • 25 Apr 2015
    Listed for Sale Not Disclosed
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About North Hobart 7000

The size of North Hobart is approximately 1 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2011 was 2,653 people. By 2016 the population was 2,511 showing a population decline of 5.4% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation. In 2011, 45.1% of the homes in North Hobart were owner-occupied compared with 41.8% in 2016.

North Hobart has 1,590 properties. Over the last 5 years, Houses in North Hobart have seen a 27.98% increase in median value, while Units have seen a 27.36% increase. As at 30 September 2024:

  • The median value for Houses in North Hobart is $916,085 while the median value for Units is $716,245.
  • Houses have a median rent of $550 while Units have a median rent of $495.
There are currently 7 properties listed for sale, and 7 properties listed for rent in North hobart on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in North hobart.

Suburb Insights for North 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.