247 Elizabeth Street Hobart, TAS 7000

RWC Tasmania is proud to offer for sale or lease, for only the second time in over 100 years, this exceptional heritage property occupying a prominent corner site within Hobart's popular 'Mid Town' precinct.

Originally constructed circa 1890 as a purpose-built brewery, this impressive multi-level structure stands as a testament to superior craftsmanship and enduring construction quality. Built from substantial materials typical of its era, the property has evolved over time through a series of adaptive modifications and now provides over 5000sqm* GLA of untapped development potential.

With over 5,000sqm* of improvements on a 1,338sqm* site, the scale and integrity of the existing infrastructure present enormous value, offering flexible reuse potential and significant cost advantages compared with new construction. The building's solid heritage fabric and expansive floor plates provide an ideal foundation for refurbishment or redevelopment across a range of potential uses (STCA).

The property benefits from an active development approval for Distillery, and carrying a favourable 'Central Business' zoning, the site is ready for activation or to re-position to a variety of future possibilities including residential, hotel, commercial and retail developments, or a combination thereof.

The property is for sale via Private Treaty offers in excess of $4,950,000 or for lease via negotiation.

*Approximate