Hobart Commercial Property News

The former Coogans site in central Hobart has sold and the local retail institution’s Moonah building is also under contract, with a surprising new part owner-occupier.

NBL owner Larry Kestelman has engaged the architect who brought Mona to life to help create his potential Wilkinsons Point precinct masterpiece.

Demolition of the former Rebels bikie clubhouse has been given the green light in a vote that could have significant implications for Hobart’s heritage buildings.

New details have been released on plans for a $50 million luxury hotel atop of Rosny Hill on Hobart’s Eastern Shore.

A plan to build 52 apartments in a 13-storey building on the site of the Welcome Stranger Hotel in Harrington St has been rejected by a Hobart City Council planning committee after council officers recommended it be refused.

Tasmania’s hotel market is in full swing with Hobart’s MACq1 Hotel selling for about $50 million this week to a syndicate of investors, while in Melbourne developers are poised to build a significant hotel at the airport.

Property magnate Larry Kestelman plans to turn Wilkinsons Point into a Southbank-style precinct that will drive seven-days-a-week traffic in the area.

An NBL team for Tasmania looks increasingly likely, with the league’s owner understood to be in the mix to buy the Derwent Entertainment Centre.

As Hobart’s Dark Mofo arts festival moves into full swing, Melbourne-based developer Riverlee is looking to the next stage of its collaboration with the Museum of Old and New Art and its founder David Walsh.