192 Macquarie Street Hobart, TAS 7000

RWC Tasmania is proud to offer for lease 'The Duke of Wellington Hotel' - 192 Macquarie Street, Hobart.

Steeped in history and commanding a prime inner-city corner position at Macquarie and Barracks Streets, the Duke of Wellington Hotel (est. 1846) presents a rare opportunity to acquire one of Hobart's most established hospitality assets. As the city evolves from a traditional CBD into a high-density, mixed-use residential precinct, The Duke sits at the centre of this transformation.

More than a pub, this is a Victorian Regency landmark underpinned by a continuous liquor licence held for over 170 years. Located just 600 metres from both the CBD and the world-renowned Salamanca Place, the venue is ideally positioned for a quality operator to capitalise on Hobart's accelerating destination-dining demand while retaining the strength of a true neighbourhood local.

Key Leasing & Operational Highlights

+ Strategic Location: Positioned approximately 1km from the New Macquarie Point Multi purpose stadium, minutes from Anglesea Barracks and the prestigious Macquarie Street professional strip, ensuring a diverse customer mix of residents
+ Unrivaled Growth Corridor: With approximately 200 new dwellings approved or pending within the area, the venue is set to become the "local" for a massive influx of high density residents
+ Operational Upside: The existing liquor license is a 'General Tavern' which is from 5am until midnight, seven days a week. There is significant untapped potential for Sunday trade, lunch service, and late-night entertainment
+ Versatile Footprint: This two-storey city property caters for functions via multiple bar areas, substantial kitchen, dining for 90 covers and various amenities
+ Onsite Managers Quarters: The property is benefited by a well appointed Managers quarters, with a 3 bedroom apartment offering an edge against the market, given broader housing constraints within Greater Hobart

Amid a landscape of cookie-cutter developments, the Duke's Victorian Regency character is a genuine differentiator. Hobart's approval of the $1.13B multi-purpose stadium has sparked renewed enthusiasm and economic stimulus, making now the ideal moment to capitalise on this positive shift.

Across Australia, the "Heritage Pub Renaissance" is in full swing. From the revitalised corner pubs of Paddington in Sydney to the iconic restorations in Melbourne's Fitzroy and Collingwood, historic leaseholds have become the most resilient and sought-after assets in the hospitality sector.

Hobart is seeing this trend continue, with the recent leasing of the Hope & Anchor Hotel (Australia's oldest Pub) to Hobart Brewing Company.

Call the undersigned agents to register your interest in this movement and for more information today.