31 Murray Street,
Hobart, TAS 7000
Shops & Retail
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Map of 31 Murray Street
Exceptional CBD Investments - First Time Offered in Over 60 Years
RWC Tasmania has been appointed to present, for the first time in over 60 years, 31 & 31A Murray Street, Hobart.
Available individually or in one line, this offering represents a rare opportunity to secure two prominent retail assets in a tightly held pocket of Hobart's CBD.
Property Highlights:
+ High exposure, consistent foot and vehicle traffic
+ Excellent street frontage and proximity to CBD amenity
+ Flexible 'Central Business' zoning, suitable for various uses^
+ 31 is 54 sqm* across two levels, leased to 'Tranquility Thai Foot Spa' to Apr '29
+ 31A is 45 sqm* over two levels, leased to 'The Millionaires Club' to Nov' 26
+ Both units equipped with level 1 storage and toilet amenity
+ Opportunity for rental uplift through future lease renegotiation or possible owner occupier repositioning due to short term lease arrangements
For further information or to arrange an inspection please contact Tom Balcombe or Mia Lilley.
*Approximately ^ Subject to Council Approval
Available individually or in one line, this offering represents a rare opportunity to secure two prominent retail assets in a tightly held pocket of Hobart's CBD.
Property Highlights:
+ High exposure, consistent foot and vehicle traffic
+ Excellent street frontage and proximity to CBD amenity
+ Flexible 'Central Business' zoning, suitable for various uses^
+ 31 is 54 sqm* across two levels, leased to 'Tranquility Thai Foot Spa' to Apr '29
+ 31A is 45 sqm* over two levels, leased to 'The Millionaires Club' to Nov' 26
+ Both units equipped with level 1 storage and toilet amenity
+ Opportunity for rental uplift through future lease renegotiation or possible owner occupier repositioning due to short term lease arrangements
For further information or to arrange an inspection please contact Tom Balcombe or Mia Lilley.
*Approximately ^ Subject to Council Approval
Additional information
External websites
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
31 Murray Street
Hobart, TAS 7000
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