276 Argyle Street
North Hobart TAS 7000
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Bright investment opportunity
Elders Commercial is pleased to present for sale 276 Argyle Street, North Hobart - a high profile, fully leased commercial investment positioned in one of Hobart’s most tightly held and popular inner city precincts.This low maintenance asset offers stable income underpinned by a long standing tenant and reliable rental growth, appealing to investors seeking affordability, security, and strong fundamentals.
Key Investment Highlights
• Secure, Long-Term Tenant – Leased to Globes Lighting with a long term trading history and a recent 3 year lease extension plus 3 year option through to 2032
• Favourable Net Lease Structure with Statutory charges recoverable from the tenant, with minimal owner expenses – ideal for passive investors
• Built-in income growth with fixed 3% annual rental increases, supporting consistent and predictable income escalation
• Strategic inner city location only approximately 1.5 kilometres from Hobart CBD within the highly sought-after North Hobart commercial precinct
• Prominent Corner Position – Located on the intersection of Argyle and Burnett Streets with excellent exposure and convenient access to Hobart’s major arterial road network
The property is for sale by Expressions of Interest closing Wednesday, 1 April 2026 at 4pm (AEDT).
For more information, contact Richard Steedman or Will Ellis.
Features
General Features
- Land Area: 161sqm
- Commercial Type: Retail
- Building Area: 131sqm
- Zoning: Light Industrial
Can I afford 276 Argyle 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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