126-128 Brisbane Street, Hobart, Tas 7000

Offers over $1,350,000

Residential Land
Type
650 m²
Area

Last updated on Thursday, August 27, 2026 ( See property details for 126-128 Brisbane Street, Hobart, Tas 7000)

Offers over $1,350,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare inner-city landholding in Hobart offering income, redevelopment potential, and prime CBD proximity.

🏡 Property Highlights

  • Strategic inner-city location less than 50 metres from Hobart's Central Business Zone
  • Fully leased car park with approximately 24 car spaces and secure boom gate access
  • Established income stream from existing lease structures
  • Substantial 650 m² open concrete hardstand site with redevelopment potential
  • Separate rear shed with current lease arrangements
  • Proximity to Hobart's principal commercial precinct

✨ Key Features

  • Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • Built-in Robes
  • Garage
  • Outdoor Area
  • Ensuite
  • Air Conditioning
  • Balcony
  • Home Office / Study

Hobart's vibrant CBD offers a dynamic mix of commercial, retail, and cultural attractions. The neighbourhood boasts excellent walkability, proximity to major amenities, and a thriving business district. Its strategic location ensures strong future growth and investment potential. The area is well-served by public transport and features a range of dining, entertainment, and lifestyle options. This makes it an ideal location for both investment and redevelopment opportunities.

What are the current lease terms and income details for this property?
The property currently has two existing lease structures in place, generating a steady income from the car park operation and the rear shed, providing an attractive return for investors.
What redevelopment options are available for this site?
Given its zoning as 'Inner Residential' and proximity to Hobart's CBD, the site offers potential for redevelopment, subject to relevant planning approvals and council regulations.
Are there any planning restrictions or approvals needed for future development?
Yes, any redevelopment plans would require planning approvals from local authorities, considering the site's zoning and existing land use designations.
What are the nearby amenities and transport options?
The property is located less than 50 metres from Hobart's principal commercial precinct, with excellent walkability, public transport options, and close proximity to retail, dining, and entertainment venues.
Is the property suitable for long-term investment or redevelopment?
Absolutely, the property offers a strong income stream now and significant redevelopment potential in the future, making it suitable for both investors and developers.
Are there any existing zoning restrictions or future planning proposals that could impact redevelopment plans? What are the conditions of the current lease agreements, and are there any upcoming lease expirations? Are there any hidden costs associated with the property, such as maintenance or compliance issues? Is there any history of flooding, bushfire risk, or other environmental hazards on or near the site? Are there any easements, covenants, or zoning overlays that could restrict development or use of the land?

126-128 Brisbane Street, Hobart, Tas 7000 - More Details

Offers over $1,350,000

Positioned in a tightly held inner city location, 126-128 Brisbane Street comprises approximately 650 m² of open concrete hardstand currently utilised as a fully leased car park, together with a separate shed at the rear of the property. The site accommodates approximately 24 car spaces and benefits from secure boom gate access.

The property is zoned 'Inner Residential' and sits less than 50 metres from Hobart's 'Central Business' Zone, placing it immediately alongside the city's principal commercial precinct. With two existing lease structures in place - one relating to the car parking operation and a separate lease over the rear shed - the property provides an established income from settlement.

For investors, developers or those seeking a strategic inner-city landholding, 126-128 Brisbane Street presents a particularly compelling opportunity. Its current income, substantial open site and proximity to the CBD provide strong underlying fundamentals, together with longer-term redevelopment potential, subject to relevant planning approvals.

An increasingly rare opportunity to secure approximately 650 m² of income-producing land on the edge of Hobart's CBD.

To arrange a private viewing of the property, contact Shannon Fall or Rupert Hansen.
Type
Residential Land
Area
650 m²

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