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Elders Real Estate - Hobart

97-99 Murray Street Hobart, TAS 7000

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97-99 Murray Street,
Hobart, TAS 7000

Hotel, Motel & Leisure

Key property information

Land area

Floor area

Zoning

Tenure type

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Elders Real Estate - Hobart
John Blacklow
Richard Steedman

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
Elders Real Estate - Hobart
97-99 Murray Street
Hobart, TAS 7000

Map of 97-99 Murray Street

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“Marillac House”, Outstanding Accommodation Facility

  • Prominent central CBD site
  • 15 rooms fully furnished
  • 500 sqm* over 3 levels
“Marillac House” is an immaculately presented 15 room accommodation facility in the heart of Hobart’s CBD. The property is being offered for sale fully furnished and is very well placed to take full advantage of Hobart’s growing demand for both short and long term residential accommodation as Hobart continues to transition into a modern 24/7 city.

Key highlights of the property include:
• Situated in the heart of Hobart’s CBD on a high profile, easily accessible corner site of 341 sqm* with frontage to both Murray and Bathurst Streets.
• The property is situated within the developing University of Tasmania precinct with their new CBD campus building nearing completion approx. 100 metres from the property. It is also situated a mere 150 metres* from Hobart’s central retail block and an easy 700 metre* walk to Hobart’s popular historic waterfront precinct.
• Improvements comprise a part 3 level, 15 room accommodation facility that has been extremely well maintained and refurbished over time and is immaculately presented. Communal areas include a well appointed kitchen/dining area, lounge and recreational areas and shared amenities throughout. There are also 3 car-parking bays accessed from Murray Street.
• The property will appeal to a variety of accommodation providers and investors with nothing to spend and is well positioned to capitalise on forecast further growth within this accommodation sector of Hobart, with very limited competing options.

For Sale by offers over $2.2 million (excl GST).

For more information, please contact John Blacklow or Richard Steedman.

*Approximate

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
Renters
Most residents
Families
Most households

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