Rare CBD Industrial Opportunity with Redevelopment Upside^
Positioned on the western fringe of Hobart's CBD, 128-134 Harrington Street presents a rare opportunity to acquire an inner city industrial asset. The property was for many years utilised as a workshop and in more recent times for storage and car parking.The property is strategically located in a mixed use area approx. 400 metres from Hobart’s central retail block, and has easy access to Hobart’s CBD along with its arterial road network.
The site comprises an internal parcel of 658 sqm zoned “Central Business” and includes an industrial building of approx. 255 plus a 15 sqm external storage shed along with hardstand area.
The industrial building is being sold with vacant possession whilst the hardstand is currently utlised for car parking. The 5 car parks are currently leased on a monthly basis providing good holding income.
Key property highlights include:
• Strategic inner-city location situated only approx. 400 metres* from Hobart's central retail block
• Flexible “Central Business” zoning supporting a broad range of uses (STCA)
• Functional industrial building offered with vacant possession suited to a wide range of uses (STCA)
• Five car parks leased on a monthly basis providing current annual income of $16,091 pa* + GST
• Secure site with electric gate access from Harrington Street
• Development & Value-Add Potential: Opportunity to redevelop, reposition or further enhance the site^.
The property is for sale via Expressions of Interest closing Thursday 12th November 2026 at 4pm (AEDT)
*Approx.
^STCA
Features
General Features
- Land Area: 658 sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 255sqm
- Zoning: Central Business
- Car Spaces: 5
Can I afford 128-134 Harrington Street?
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