Overview

We are pleased to present a unique opportunity to acquire a significant development site located at 67 Liverpool Street, 1/69 Liverpool Street, and 2/54 Bathurst Street in Hobart. This prime property spans approximately 2084 square meters and offers mixed development potential.

Situated in the bustling heart of Hobart's commercial and retail district, this site presents an exciting chance to secure a strategic landholding within the city's growth corridor. The area is surrounded by major office buildings, retail outlets, hotels, government services, healthcare facilities, and high-traffic locations, making it ideal for future redevelopment. Preliminary due diligence has already been conducted for the construction of a hotel with over 250 keys.

The property enjoys exceptional visibility, high pedestrian traffic, and excellent public transport access, all within walking distance of key commercial, hospitality, medical, and civic areas. Its central location supports a variety of future development options, including commercial, residential, hotel accommodation, or mixed-use developments (subject to council approval), driven by the increasing demand in the CBD, which is expected to grow further with the approval of the new stadium.

This site is strategically located within the Central Precinct of the Central Hobart Plan, a recently endorsed framework that guides future development in the city. The guidelines promote hotel and commercial mixed-use developments with a maximum recommended height of 60 meters.

This is a rare opportunity to acquire a CBD site of this size and quality, the first of its kind to be offered since the 3260 square meter Myer site (now the Crowne Plaza Hotel) was sold in 2009 for $16.1 million.

Another comparable site, 28-32 Elizabeth Street, known as the

Location