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Land/Development

83 Murray Street Hobart, TAS 7000

Sold on 8 Apr 2025
  • Land: 458m²
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Land/Development in Hobart

Hobart CBD Development site, with holding income

  • Land: 458m²

RWC Tasmania is pleased to present for sale 83 Murray Street, a inner-city development site, ideal for an experienced developer, investor, or adjoining landlord.

Located in the heart of Hobart's CBD, the property sits within the city's main retail core, directly opposite the Hanging Garden hospitality precinct, adjoining the State Library, and surrounded by multi-tenanted office buildings, as well as a range of leading national and international retailers.

Contained within the 458 sqm* includes 18* surface car parks, currently leased to Secure Park until 30 April 2027, generating a projected (May 25) gross income of $71,385* per annum. The lease also includes a 3-month break clause, offering flexibility for future development (STCA), an investor to boost the current income or an adjoining owner to annex the car parks on-to their existing building's tenancy offering.

For more information or to arrange an inspection, please contact the undersigned.

*Approximately

Land:

458m² / 0.11 acres

Zone:

'Central Business' Under The Hobart Interim Planning Scheme 2015

Tenancy:

Vacant

83 Murray Street, Hobart, TAS 7000