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56-58 Melville Street, Hobart TAS 7000

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56-58 Melville Street, Hobart TAS 7000

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56-58 Melville Street, Hobart TAS 7000
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56-58 Melville Street, Hobart TAS 7000

56-58 Melville Street, Hobart TAS 7000

Properties / Sold / Tasmania / Hobart
Development Potential
Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre, Land Site
Land Area
2,608 m² (*approx)
Zoning
22.0
Selling Method
EOI: Contact Agents
EOI Closing Date
30 Oct 2025 04:00PM
Add to calendar
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Rare CBD Landmark with Income & Development Upside
  • Premium CBD Location
  • Owner Occupy, Invest or Develop^
  • Strong Rental Growth

RWC Tasmania is pleased to offer to the market 56 - 58 Melville Street, Hobart. a rare opportunity to secure two substantial adjoining buildings on one title in the heart of Hobart's CBD. Offering strong holding income and future development potential, this unique asset suits investors, developers, or future owner-occupiers.

Positioned on busy Melville Street, between Elizabeth and Murray Streets, the property enjoys excellent exposure and accessibility. It sits in the heart of the University of Tasmania precinct, opposite the nearly completed forestry building and is surrounded by Hobart's key commercial, educational and retail precincts.

The offering includes a substantial two-level office and community use facility (716sqm*) occupied by Uniting with a separate church building (540sqm*), both situated on one title, with a total site area of 2,608sqm*. The properties generate a strong and diversified income stream, with a total annual return of approximately $122,085* per annum and is benefited by two separate car parks, one leased to an adjoining office building.

This is a unique opportunity to secure a prominent, income-producing property with heritage charm and development upside in one of Hobart's most tightly held locations. Opportunities of this scale and character in the CBD are increasingly rare.

 

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Development Potential

56-58 Melville Street Development Site Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre, Land Site
Land Area
2,608 m² (*approx)
Zoning
22.0
Selling method
EOI: Contact Agents
EOI Closing Date
30 Oct 2025 04:00PM
Add to calendar

Development Site Highlights

Rare CBD Landmark with Income & Development Upside
  • Premium CBD Location
  • Owner Occupy, Invest or Develop^
  • Strong Rental Growth

RWC Tasmania is pleased to offer to the market 56 - 58 Melville Street, Hobart. a rare opportunity to secure two substantial adjoining buildings on one title in the heart of Hobart's CBD. Offering strong holding income and future development potential, this unique asset suits investors, developers, or future owner-occupiers.

Positioned on busy Melville Street, between Elizabeth and Murray Streets, the property enjoys excellent exposure and accessibility. It sits in the heart of the University of Tasmania precinct, opposite the nearly completed forestry building and is surrounded by Hobart's key commercial, educational and retail precincts.

The offering includes a substantial two-level office and community use facility (716sqm*) occupied by Uniting with a separate church building (540sqm*), both situated on one title, with a total site area of 2,608sqm*. The properties generate a strong and diversified income stream, with a total annual return of approximately $122,085* per annum and is benefited by two separate car parks, one leased to an adjoining office building.

This is a unique opportunity to secure a prominent, income-producing property with heritage charm and development upside in one of Hobart's most tightly held locations. Opportunities of this scale and character in the CBD are increasingly rare.

 

Read More
Development Potential
Claude Alcorso
Claude Alcorso
+61 *** *** *** show +61 417 586 756
Heather Mason
Heather Mason
+61 *** *** *** show +61 415 448 378
Claude Alcorso
Claude Alcorso
+61 *** *** *** show +61 417 586 756
Heather Mason
Heather Mason
+61 *** *** *** show +61 415 448 378

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56-58 Melville Street, Hobart TAS 7000

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Property Location of 56-58 Melville Street, Hobart TAS 7000

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56-58 Melville Street, Hobart TAS 7000 Hobart
RWC Tasmania
RWC Tasmania
141 Murray Street, Hobart
Claude Alcorso
Claude Alcorso
+61 *** *** *** show +61 417 586 756
Heather Mason
Heather Mason
+61 *** *** *** show +61 415 448 378