Shop 4/163 Elizabeth Street Hobart TAS 7000

Elders Commercial is pleased to offer Shop 4, 163 Elizabeth Street, Hobart - a rare Midtown freehold investment combining immediate income security with a pathway for future uplift through repositioning or sensitive redevelopment^.

The property comprises three levels including a ground floor retail tenancy, flexible upper-level space with residential or office potential^, and a separately accessed basement and courtyard - offering scope for repositioning or additional activation. Fully leased to an established tenant with a proven trading history, the asset generates holding income from day one, with clear potential to increase returns through refurbishment, reconfiguration, or future development^.

Zoned Central Business and positioned in Hobart's rapidly evolving Midtown precinct, its heritage elements such as timber-framed windows, exposed beams and a period façade contribute to the property's enduring charm and distinct identity. The property offers exposure, flexibility, and multiple levers for future growth.

For more information, please contact Liam Coyle or James Black.

^STCA