48-50 Elizabeth Street Mall,
Hobart, TAS 7000

Offices

Key property information

Floor area

Parking info

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Municipality

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Leased on

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High Quality CBD Office Redevelopment at Affordable Rentals

Situated in the Elizabeth Street Mall, and right in the centre of the CBD, there are four levels of accommodation about to be redeveloped to provide A Grade offices. The proposal is to open up the existing upper three floors of the building to natural light and ventilation, extend the top floor area of the existing roof canteen and addition of a new fully glazed facade looking onto Elizabeth Street Mall, incorporating a lift. The floors will provide the following approximate net lettable areas: Level 1 - 692 sqm; Level 2 - 660 sqm; Level 3 - 651 sqm; Level 4 - 505 sqm; with a total area of 2,508 sqm. Estimated rental is $280 per sqm per floor.

Hobart, 7000 demographic data

The median household income for Hobart is $1,464, 5% lower than Greater Hobart's household income of $1,542. Hobart has a younger age profile compared to the rest of Greater Hobart (median age 31 vs 39). Property ownership data shows 38% of property owners in Hobart have a mortgage.

3,390

Population

$1,464 per week

Median household income

31 years

Median age

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Most residents

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