Shop 4 / 163 Elizabeth Street
Hobart TAS 7000
- 2 Parks
Offers over $1,350,000
Positioned to Prosper
Elders Commercial is pleased to offer Shop 4, 163 Elizabeth Street, Hobart - a rare Midtown freehold investment combining immediate income security with a pathway for future uplift through repositioning or sensitive redevelopment^. The property is ideally located within the soon to be activated UTAS city campus precinct, opening up the opportunity to position the property and its occupants for ongoing success.The property comprises three levels including a ground floor retail tenancy, flexible upper-level space with residential or office potential^, and a separately accessed basement and courtyard - offering scope for repositioning or additional activation. Fully leased to an established tenant with a proven trading history, the asset generates holding income from day one, with clear potential to increase returns through refurbishment, reconfiguration, or future development^.
Zoned Central Business and positioned in Hobart’s rapidly evolving Midtown precinct, its heritage elements such as timber-framed windows, exposed beams and a period façade contribute to the property's enduring charm and distinct identity. The property offers exposure, flexibility, and multiple levers for future growth.
The property is for sale by offers over $1,350,000.
For more information, please contact Liam Coyle or James Black.
^STCA
Features
General Features
- Land Area: 110sqm
- Commercial Type: Retail
- Building Area: 228sqm
- Zoning: Central Business
- Car Spaces: 2
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Elders Real Estate Hobart
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