146a-150 Elizabeth Street
Hobart TAS 7000
- 17 Parks
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Dual-access CBD asset with car parking & significant development potential
Elders Commercial is proud to offer for sale 146A–150 Elizabeth Street, Hobart - a versatile freehold in the heart of Hobart’s rapidly evolving Midtown precinct. The property provides immediate holding income across four ground-floor retail tenancies, with a large vacant upper level primed for conversion or repositioning**.Set on a 907 sqm* site with dual access via Elizabeth and Brisbane Streets, the property includes a 516 sqm* building and an on-grade car park with 17 bays - 14 currently leased. Zoned Central Business, the site supports a broad range of significant development outcomes including residential, visitor accommodation, or office.**
Surrounded by major development including the $140 million UTAS Forestry building and multiple student housing projects, the location offers strong fundamentals for growth. Midtown is fast becoming a key education and lifestyle hub, and this property is perfectly placed to capitalise.
Key Highlights:
• 907 sqm* freehold site with dual street frontage and rear access
• 516 sqm* building comprising four leased retail tenancies and vacant upper floor
• 17 on-grade gated car parks (14 currently leased) - rare offering in this location
• Holding income with short-term leasing and long-term development upside
• Zoned 'Central Business' under the Tasmanian Planning Scheme - Hobart
• Adjoins $140M UTAS Forestry redevelopment and student accommodation precinct
• Walking distance to Elizabeth Street Mall, North Hobart and public transport
• Ideal opportunity for investors, developers or land bankers seeking scale and flexibility
For Sale by Expressions of Interest closing Thursday 16 October 2025 at 4:00pm (AEDT).
For more information, please contact George Burbury or James Black
*Approximate
**STCA
Features
General Features
- Land Area: 907sqm
- Commercial Type: Land/Development
- Building Area: 516sqm
- Zoning: Central Business
- Car Spaces: 17
Can I afford 146a-150 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.
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