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March saw strong momentum across Tasmania’s commercial property market, highlighted by significant transaction volume and diverse buyer activity. The landmark off-market sale of 22 Elizabeth Street & 103 Macquarie Street in Hobart, underscored continued appetite for high-quality office assets with a number of competitive offers. The property, that is predominantly leased to the Department of…
Read moreElders Commercial is proud to provide Tasmania’s first market wrap for the commercial real estate market. The Commercial Market Wrap is your go-to resource for the latest trends and key transactions shaping the state’s commercial property market. The report provides a comprehensive summary of recent sales activity across industrial, retail, office, and development sectors, offering…
Read moreAccording to the Property Council of Australia’s (PCA) Office Market Report (February 2025), Hobart has the strongest capital city office market in the country for the fifth year in a row with a vacancy rate of a mere 3.6% slightly up from 2.8% last year. It is well clear of any other capital city market…
Read moreUnlocking Opportunities in Tasmania's Commercial Property Market
The Tasmanian commercial property landscape continues to evolve, offering diverse opportunities across retail, office, industrial, and tourism sectors. The 2024 Elders Commercial Market Report dives into key developments, transactions, and trends shaping these dynamic markets. Here’s a snapshot of what’s happening across the state:
Retail
The retail…
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