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
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Elders Real Estate Hobart
Enquire about 146a-150 Elizabeth Street, Hobart, TAS, 7000