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Back 5/11 Elizabeth Street
Off Market

5/11 Elizabeth Street

Hobart TAS 7000

3
1
177 sq.
364 m²
House
Ant MantonAnt Manton, last sold this property on 28 April 2026 after 259 days on market.

Overview

Hobart - Short Stay Gold in the Heart of Hobart

Ant's "Fluff-Free' Description... Opportunities like this don't just knock - they practically book themselves out for the next 12 months. Welcome to 5/11 Elizabeth Street - a once-in-a-generation chance to own the entire rooftop of one of Hobart's most iconic buildings. Sitting right on the doorstep of the proposed Macquarie Point Arts, Entertainment & Sports Precinct (with multi-purpose stadium, subject to approval), this is a short-stay investor's dream. Whether you see it as a high-end Airbnb, boutique hotel conversion, or premium guest retreat (STCA), the numbers here stack up - location, scale, history, and serious guest appeal. Why Investors Will Love It * 364sqm rooftop real estate - approx. 177sqm internal plus sprawling terrace and covered patio - a built-in "wow factor" for short-stay guests. * (Three oversized bedrooms - king-size proportions, double windows, and city views that scream "premium nightly rate." * Expansive living & dining zone - perfect for group bookings, families, or executive stays. * Large, flexible kitchen footprint - reconfigure into a chef's showcase kitchen and watch your reviews hit five stars. * Heritage character - perched atop the 1933 Oatlands sandstone Commonwealth Bank building - unique history is a booking magnet. * Location, location - step outside to cafes, restaurants, theatres, and Salamanca Place within 5 minutes. Tourists won't need a car - which is exactly what they want. * Future proof - two blocks from the $750m Macquarie Point Urban Renewal project, set to supercharge demand. * Holding income - already tenanted, so you're earning while planning your short-stay transformation. * Flexible outcomes - renovate into luxury short-stay, split into boutique apartments, or blend guest accommodation with private penthouse use (STCA). Hobart was crowned Best City in Australia, New Zealand & the South Pacific by Travel + Leisure in 2023 - and this address puts your investment right in the middle of it all. Tourists, event-goers, corporate travellers, festival hoppers - they'll all be queuing for this spot. And when the stadium lights go on, so will your returns. Snap it up before someone else does. Onwards and upwards - to short-stay success! "I Work Harder - It's THAT Simple!" Disclaimer: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Features

3 bedrooms
1 bathroom
177 sq. floor area
364 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Hobart over the last 12 months, the estimated median property value of 5/11 Elizabeth Street is $965k.

Median value
$965k
Estimated value range
$830k - $1.6m
Median days on market
40
Estimated value trend
50%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hobart. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/11 Elizabeth Street

2026
Sold
Undisclosed
28 Apr 2026 by Ant Manton, of LJ Hooker Pinnacle Property

Happy sellers in Hobart

68%
68% of sellers in Hobart reported that their sale price either exceeded or met their price expectations.

Hobart stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Hobart over the last 12 months.

Local market activity for 3 bedroom houses in Hobart

In the last 12 months, 7 three-bedroom houses similar to 5/11 Elizabeth Street, have been sold.

This represents a 50% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Hobart

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Eunice Ware

Sellers who recommend Eunice Ware have praised them for being local expert, clear communication, responsive, reliable, dedicated, well-prepared and detail-oriented

  •   4.9   (84 reviews)
  •  2 Reviews in Hobart
  •  1 Sale in Hobart
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Georgie Rayner

Georgie Rayner is a recommended agent for Hobart.  They have collected 2 local reviews across the last 12 months.

  •   4.9   (47 reviews)
  •  2 Reviews in Hobart
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Ben Vance

Ben Vance is a recommended agent for Hobart.  They have 4 local sales and collected 2 local reviews across the last 12 months.

  •   4.8   (194 reviews)
  •  2 Reviews in Hobart
  •  4 Sales in Hobart
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Ant Manton

Sellers who recommend Ant Manton have praised them for being clear communication, responsive, local expert, supportive, reliable, friendly and great negotiation

  •   4.8   (522 reviews)
  •  2 Reviews in Hobart
  •  1 Sale in Hobart
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