fbpx Skip to content

124 Elizabeth Street

Hobart TAS 7000

Offers over $1.2 million

Fully Leased Ground Floor Retail with Residential Upside

124 Elizabeth Street presents a rare opportunity to secure a character filled mixed use building in Hobart’s thriving CBD fringe. Just two blocks from the Elizabeth Street Mall, the property enjoys exceptional exposure, strong pedestrian activity and proximity to UTAS, cafés, retailers and government services. Featuring a fully leased ground floor retail tenancy to an iconic local retailer, generous basement, and flexible first floor accommodation, the building offers appealing versatility for investors and future occupiers^.

With its heritage charm, solid lease covenant, 1st floor residential flexibility and its position within a tightly held commercial strip, this is a scarce Midtown offering suited to those seeking long term income and strategic growth potential.

The property is available to purchase by offers over $1.2 million.

Please contact George Burbury or Liam Coyle for further information or to arrange an inspection.

^STCA

Features

General Features

  • Land Area: 119sqm
  • Commercial Type: Retail
  • Building Area: 119sqm
  • Zoning: Central Business

Can I afford 124 Elizabeth Street?

Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.

Calculators

Elders Real Estate Hobart

Enquire about 124 Elizabeth Street, Hobart, TAS, 7000

Property guides and resources

RBA’s First 2026 Decision : What It Means for You

At its first board meeting of the year, the Reserve Bank of…
Read more

High Performing Dubbo Real Estate Duo, Brentley Goodwin and Rebecca Allatt Join Elders Real Estate

Elders Real Estate has welcomed one of Dubbo’s most established and respected…
Read more

Smart Commercial Spaces: What Small Business Owners Should Look For in 2026

If there’s one word that sums up commercial property demand in Australia…
Read more