Shop 4 / 163 Elizabeth Street
Hobart TAS 7000
- 2 Parks
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Prominent Midtown Freehold - Charm, Income & Potential
Elders Commercial is pleased to offer Shop 4, 163 Elizabeth Street, Hobart - a rare Midtown freehold investment combining immediate income security with a pathway for future uplift through repositioning or sensitive redevelopment^.The property comprises three levels including a ground floor retail tenancy, flexible upper-level space with residential or office potential^, and a separately accessed basement and courtyard - offering scope for repositioning or additional activation. Fully leased to an established tenant with a proven trading history, the asset generates holding income from day one, with clear potential to increase returns through refurbishment, reconfiguration, or future development^.
Zoned Central Business and positioned in Hobart’s rapidly evolving Midtown precinct, its heritage elements such as timber-framed windows, exposed beams and a period façade contribute to the property's enduring charm and distinct identity. The property offers exposure, flexibility, and multiple levers for future growth.
The property is for sale by offers over $1,350,000.
For more information, please contact Liam Coyle or James Black.
^STCA
Features
General Features
- Land Area: 110sqm
- Commercial Type: Retail
- Building Area: 228sqm
- Zoning: Central Business
- Car Spaces: 2
Can I afford Shop 4 / 163 Elizabeth Street?
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Elders Real Estate Hobart
Enquire about Shop 4/163 Elizabeth Street, Hobart, TAS, 7000