fbpx Skip to content

124 Elizabeth Street

Hobart TAS 7000

Contact Agent

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

Finding a Pet Friendly Rental in 2026: What Renters Need to Know

For many Australians, pets are no longer simply animals that live at…
Read more

The 2026 Budget and Regional Commercial Property: Where The Real Shift Lands

The 2026 Federal Budget has been read, fairly, as a residential housing…
Read more

Federal Budget 2026–27: What It Means for Property Owners, Renters and Investors

The 2026–27 Federal Budget introduces a range of changes to Australia’s property…
Read more