67 & 69 Liverpool St & 2/54 Bathurst Street Hobart, TAS 7000

Ray White Commercial are delighted to present 67 Liverpool Street, 1/69 Liverpool Street and 2/54 Bathurst Street, Hobart to the market. A rare scaled CBD development opportunity of some 2,041 sqm* with mixed development potential.

Positioned in the heart of Hobart's commercial and retail centre, this property offers an exciting opportunity to secure a strategic landholding within the city's dynamic growth corridor. Surrounded by major office towers, retail operators, hotels, government services, healthcare and high foot-traffic generators, the site is ideally placed for future redevelopment, with significant & positive due diligence already conducted for the construction of a 250+ key hotel.

Fronting one of Hobart's most significant inner-city thoroughfares the site enjoys exceptional exposure, strong pedestrian activity and excellent public transport connectivity, all within immediate walking distance of key commercial, hospitality, medical and civic precincts. Its central positioning supports a wide range of future development outcomes, including commercial, residential, hotel accommodation or mixed-use (STCA), underpinned by ongoing demand within the CBD, which will only become stronger with the approval of the Stadium.

The property is ideally located within the heart of the Central Precinct of the Central Hobart Plan - a recently endorsed strategic framework guiding future development in the city. The Centre Precinct guidelines promote hotel and commercial mixed use development with a maximum recommended height of 60m.

This is the first time a CBD site of this size and calibre has been offered to the market since the 3,260 sqm Myer site (now the Crowne Plaza Hotel) transacted in 2009 for $16.1M some 17 years ago.

An earlier comparable, 28-32 Elizabeth Street "Movenpick" sold for $7,736/m2 psm.

This is a generational asset. A blank canvas in the heart of the city, offering the perfect foundation for a truly landmark development.

For sale by Expression of Interest closing Thursday 19 March at 4pm AEST.

*Approximate