BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Former Backpackers - Strategic CBD Location\, Serious Potentia l\nOpportunities of this calibre within Hobart's CBD are tightly held and positioned approximately 300 metres west of the city centre\, 251 Liverp ool Street presents a standout 1\,214 sqm landholding*\, improved by a su bstantial 19 room accommodation building with on site parking.\n\nKey pro perty highlights include:\n- Established Accommodation Asset: Formerly tr aded as "The Nook Backpackers Hostel Hobart" the property provides 19* ro oms\, 10* car parks\, and a current "Residential (Hostel)" Planning Permi t.\n- Good Holding Income with Flexibility: The majority of the rooms are currently leased on a relatively short term basis providing purchasers w ith flexibility going forward to owner operate\, develop or re-position.\ n- Flexible Zoning: "Central Business" zoning unlocks a broad range of al ternative uses and development opportunities^. \n- Tourism Fundamentals: Positioned to capitalise on Tasmania's booming tourism market.\n- The Sta dium Effect: Hobart's approved new stadium is already driving increased h ospitality and accommodation demand.\n- Growth: Compelling future growth potential underpinned by Hobart's CBD's evolution into a true 24/7 activi ty hub.\n\nWith Tasmania leading the nation in business confidence and th e hospitality sector recording strong occupancy growth across both commer cial and short stay accommodation\, demand fundamentals remain compelling **. Assets of this nature\, this close to the city centre\, are rarely of fered to the market\, presenting a genuine opportunity to secure a highly strategic CBD property with significant upside potential.\n\nThis proper ty is offered for sale by Expressions of Interest closing Thursday 14th M ay 2026 at 4 pm.\n\n*Approx\n**(Tourism Tasmania Accommodation Report)\n^ STCA DTEND:20260514T160000 DTSTAMP:20260417T084708Z DTSTART:20260514T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 251 Liverpool Street\, Hobart TAS UID:CRE-2020764469-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

Former Backpackers - Strategic CBD Location\, Serious Potential
Opportunities of this calibre within H obart's CBD are tightly held and positioned approximately 300 metres west of the city centre\, 251 Liverpool Street presents a standout 1\,214 sqm landholding*\, improved by a substantial 19 room accommodation building with on site parking.

Key property highlights include:
- Established Accommodation Asset: Formerly traded as "The Nook Backpack ers Hostel Hobart" the property provides 19* rooms\, 10* car parks\, and a current "Residential (Hostel)" Planning Permit.
- Good Holding In come with Flexibility: The majority of the rooms are currently leased on a relatively short term basis providing purchasers with flexibility going forward to owner operate\, develop or re-position.
- Flexible Zoni ng: "Central Business" zoning unlocks a broad range of alternative uses a nd development opportunities^.
- Tourism Fundamentals: Positioned to capitalise on Tasmania's booming tourism market.
- The Stadium E ffect: Hobart's approved new stadium is already driving increased hospita lity and accommodation demand.
- Growth: Compelling future growth p otential underpinned by Hobart's CBD's evolution into a true 24/7 activit y hub.

With Tasmania leading the nation in business confiden ce and the hospitality sector recording strong occupancy growth across bo th commercial and short stay accommodation\, demand fundamentals remain c ompelling**. Assets of this nature\, this close to the city centre\, are rarely offered to the market\, presenting a genuine opportunity to secure a highly strategic CBD property with significant upside potential.

This property is offered for sale by Expressions of Interest clos ing Thursday 14th May 2026 at 4 pm.

*Approx
**(Tourism Tasmania Accommodation Report)
^ STCA

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