32 Davey Street Hobart, TAS 7000

RWC Tasmania is pleased to present for sale 32 Davey Street, Hobart, a rare opportunity to secure a prominent three-level heritage building positioned within one of Hobart's most tightly held professional and commercial precincts.

Occupying a highly visible corner position just moments from Hobart's CBD, waterfront and the city's legal and financial district, the property combines character, flexibility and income diversity within a landmark redbrick & sandstone building. Opportunities to acquire assets of this calibre and location are exceptionally limited.

The building presents a compelling investment profile with established income complemented by significant value-add potential across multiple levels. Each floor provides a distinct opportunity for investors, owner-occupiers or developers seeking to unlock further value within a highly sought-after CBD fringe location.

The Basement offers a striking and rarely available sandstone footprint currently vacant and brimming with potential. With level access from Murray Street, the space provides an atmospheric setting ideally suited to a flagship wine cellar, boutique bar, hospitality venue or unique retail concept (STCA).

The Ground Floor is securely leased to a long-standing medical tenant, delivering reliable income and providing investors with stable "set and forget" cash flow from day one.

The First Floor comprises a light-filled professional leased office suite rich in heritage character, featuring generous proportions and flexible accommodation. This level provides the potential for continued commercial use, owner-occupation, or possible conversion to short-stay accommodation or boutique workspace (STCA).

Combining strong underlying income, heritage charm and future repositioning potential, 32 Davey Street represents a rare opportunity to secure a trophy corner asset with diversified income streams and exceptional upside within the heart of Hobart's CBD.

For more information or to arrange a private inspection, please contact the exclusive marketing agents.