Hobart and TAS Commercial Property Loans Up To 70% LVR

Hobart commercial property loans from $500K-$100M+. Expert finance brokers, 60+ lenders. LVR’s from 55% – 70%. All TAS areas – Hobart, North Hobart, Kingston, Launceston more. 

Hobart commercial property loans

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Hobart Commercial Property Loan Rates & Finance - 2025 Market Guide

Hobart Commercial Property Loan Rates & Terms - Last Checked (10 September 2025)

Current Market Rates

  • Interest Rates: 6.50% - 8.80%
  • Commercial Yields: 5.5% - 8.0% Average
  • Typical LVR: 55% - 70% (80% for Prime possible)

Loan Terms & Speed

  • Minimum Loan: $350,000
  • Approval Time: 5-28 days
  • Lender Panel: 60+ active lenders

Trending Hobart Property Types - 2025

CBD Heritage Office Buildings Salamanca Place Retail Sandy Bay Medical Suites Glenorchy Industrial Parks Kingston Commercial Precincts Waterfront Mixed-Use Developments
Hobart Commercial Property Market Insights

What's Driving Hobart's Commercial Property Market?

$350M Antarctic Hub
8,000+ Blue Jobs
5-7% Net Yields
3-5% Vacancy Rate
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Antarctic Gateway

Strategic position as Australia's Antarctic operations hub

Hobart's strategic position as the Antarctic Gateway drives commercial property with approximately 60% of Australia's Antarctic operations based here, providing unmatched stability. The city hosts $350+ million Antarctic infrastructure investments creating consistent demand. The recent $2.5 billion Macquarie Point redevelopment for mixed-use precincts is expanding office requirements by 250,000 sqm.

Major agencies including Australian Antarctic Division's $150 million headquarters expansion are reshaping the market. The TasPorts transformation project adds premium-grade space while maintaining 3-4% unemployment – Tasmania's lowest – ensuring steady commercial absorption across all sectors.

Gateway Metrics
Antarctic Operations 60%
Infrastructure $350M+
Macquarie Point $2.5B
Office Expansion 250K sqm
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Renewable Energy & Blue Economy

Leading Australia's blue economy and renewable transformation

Hobart leads Australia's transformation with 8,000+ blue economy workers growing 15% annually as the $250 million Blue Economy CRC attracts global firms. The state's 30,000+ renewable energy jobs drive demand for mixed-use developments. Seven hydrogen projects worth $3-4 billion are under construction, leveraging Tasmania's 100% renewable energy grid.

The Marine and Safety Authority headquarters and CSIRO Marine Research Centre create specialized property demand. Business parks report near-zero vacancy for tech-suitable spaces with rents climbing 12-15% yearly, establishing Hobart as Australia's renewable knowledge hub beyond government.

Blue Economy
Blue Workers 8,000+
Annual Growth 15%
Hydrogen Projects $3-4B
Rent Growth 12-15%
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Tourism Recovery & Yield Advantages

Superior returns with tourism-backed stability

Hobart commercial properties generate 5-7% net yields with tourism-backed tenants offering 10-15 year lease security. Retail properties achieve $800-950/sqm rents with just 4-5% vacancy – outperforming Melbourne's volatility. The 80% tourism recovery rate in prime locations eliminates default risk.

Salamanca Place yields 7-8% with 95% occupancy while heritage conversions return 6-7% from boutique hotel operators. Capital growth averaged 12-15% over 3 years with minimal market cycles, providing institutional-grade returns typically reserved for major funds.

Yield Profile
Net Yields 5-7%
Retail Rent $800-950
Salamanca Yield 7-8%
3-Year Growth 12-15%
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Constrained Supply Creating Premium

Heritage controls and limited development maintaining scarcity

Hobart maintains 2-3% vacancy rates through heritage protection controls and the Hobart City Deal oversight. Only 80,000 sqm approved annually against 120,000 sqm demand creates permanent undersupply. The $1.5 billion urban renewal pipeline will unlock limited CBD expansion, ensuring capital appreciation through genuine scarcity rather than speculation.

Construction costs sit 15-20% below Melbourne due to local efficiency, restricting speculative development. The 10% population growth from interstate migration intensifies competition while waterfront restrictions limit CBD expansion, ensuring capital appreciation through genuine scarcity rather than speculation.

Supply Dynamics
Vacancy Rate 2-3%
Annual Supply 80K sqm
Annual Demand 120K sqm
vs Melbourne -15-20%

Ready to invest in Hobart's unique commercial property market?

Secure Your Commercial Finance →
Hobart Commercial Property Loan Types

Hobart Commercial Property Loan Types

We broker strategic finance solutions for Tasmania's capital - from major banks to specialist Antarctic sector and tourism-backed lenders.

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Purchase Loans

Finance your Hobart commercial property acquisition with competitive rates from 6.50%. From Salamanca heritage offices to Kingston business parks and waterfront developments, we structure optimal solutions.

Loan Range $500,000 to $100M+
Up to 70% LVR Tourism asset focus
Commercial property purchase loans
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Refinancing

Replace existing debt to access better rates or release equity for expansion. With Hobart's stable 14% growth and tourism-backed security, unlock capital for opportunities.

Average Savings $25,000 - $120,000+ annually
Release equity Lower rates
Commercial property refinance options
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Construction Finance

Fund your Hobart development project with staged drawdowns. From Macquarie Point redevelopments to Sandy Bay medical precincts, rates from 6.00%.

Maximum LVR 70% of completed value
Progress payments Heritage compliant
Construction finance solutions
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SMSF Loans

Use your super to purchase Hobart commercial property with tax advantages. Popular for waterfront offices in Sullivans Cove and medical suites in Sandy Bay.

Interest Rates 6.24% - 8.70% p.a.
Up to 80% LVR Tax effective
SMSF commercial property loans
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Bridging Finance

Fast short-term funding for auctions and time-critical opportunities. Secure Hobart properties while waterfront expansion and Antarctic precinct upgrades drive competition.

Approval Speed 48-72 hours
Auction ready Flexible exit
Bridging finance options
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Development Finance

Comprehensive funding for Hobart property developments. From Macquarie Point transformation to Battery Point heritage conversions with 60+ lender panel.

Project Size $3M to $150M+ GRV
Land + construction Joint venture options
Development finance solutions

Get started

Let’s get the business finance you need.

Business finance broker - Smart Business Plans Australia

Nadine Connell
Commercial Finance Broker

Hobart Market Investment Strategies

Antarctic & Marine Precinct Expansion

We're helping clients secure properties with long-term lease security while Tasmania's Antarctic Gateway status drives unprecedented demand. The $450 million Antarctic infrastructure expansion and $200 million Australian Antarctic Division headquarters create spillover demand for private offices. The Macquarie Point $3.7 billion redevelopment and TasPorts transformation offer 10-15 year lease security with 3% annual escalations. Recent Marine and Safety Authority consolidations and CSIRO Marine Research expansions create captive tenant opportunities. Popular assets include: Waterfront offices with Antarctic sector tenants, Sullivans Cove properties near research facilities, and Hunter Street buildings with port access requirements. These Antarctic-backed investments deliver 6.0-8.5% yields with near zero vacancy risk across market cycles.

Renewable Energy & Hydrogen Hub

Properties suitable for renewable energy operations within 10km of existing industrial infrastructure are experiencing 25-40% value uplift. We have clients targeting Cambridge, Glenorchy, and Brighton industrial sites before the next wave of $4.2 billion hydrogen project developments. Tasmania's 100% renewable energy grid, cool climate, and deep-water port access command premium rents from energy exporters. Power-ready sites with 5MW+ capacity and proximity to Bell Bay's hydrogen hub see strongest appreciation. Prime opportunities: Former zinc works sites near substations, properties with existing industrial water allocations, sites adjacent to the planned hydrogen pipeline corridors.

Tourism & Heritage Adaptive Reuse

We are hearing heritage properties within 500m of Salamanca Place or Battery Point are positioned for potential 20-30% capital growth before 2027 completion. We're securing prime sites along the waterfront corridor while planning controls limit new supply. The City Deal's heritage protection framework creates artificial scarcity that drives rents 30% above mainland comparables. Mixed-use opportunities near Constitution Dock, Franklin Wharf, and the new Hobart waterfront offer defensive 7.5% yields with tourism and hospitality tenant bases. Key zones: Elizabeth Street Pier redevelopment precinct, Davey Street heritage conversions, Hunter Street creative quarter expansion areas.

Get Started - Application Readiness

Application Readiness Checklist

Typical commercial property loan applications require the following documents. Our team will assist getting everything together if needed.

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Business & Financial Information
Latest Financial Statements
Most recent year's P&L and balance sheet
Draft or management accounts are fine to start
Recent Bank Statements
3 months business or personal account statements
Shows cash flow and financial position
Entity Details
ABN, company/trust structure, directors' names
Basic details only at this stage
Current Property Expenses Owner Occupier
What you're paying in rent or mortgage now
Demonstrates ability to service new loan
Investment Portfolio Summary Investor
Other properties owned and rental income
If first investment, personal income details
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Property & Transaction Details
Target Property Information
Address, listing, or area you're looking in
Even suburb and price range helps us start
Deposit Available
Cash or equity ready for deposit
Typically need 30-35% plus costs
Expected Rental Income Investor
Projected rent from tenants
Agent appraisal or current lease details
Business Relocation Plan Owner Occupier
When and how you'll move operations
Shows you've thought through the transition
Purchase Timeline
When you're looking to purchase
Helps us prioritise and structure your loan

Get started

Let’s get the business finance you need.

Business finance broker - Smart Business Plans Australia

Nadine Connell
Commercial Finance Broker

Frequently asked questions

While Sydney and Melbourne commercial property are still consider the premium Australian markets, Hobart offers unique advantages that mainland markets can’t match. It’s Antarctic Gateway status provides potentially recession-proof government and research tenants, with 65% of Australia’s Antarctic operations based here. In addition, Tasmania’s 100% renewable energy grid attracts premium tenants in the hydrogen and clean tech sectors, commanding 15-20% higher rents. With heritage controls limiting new supply to just 95,000 sqm annually against approximately 140,000 sqm of demand, we saw capital growth averaged 14% over 3 years. Don’t forget that construction costs sit about 22% below Melbourne, improving your yield. 

Yes, Hobart commercial properties can achieve up to 75% LVR for prime assets, though some select property types may even qualify for 80% LVR if they have an exceptional tenancy agreement or in-demand property type. On average we are securing loans from $400k and up with 30% deposits standard. Heritage buildings in Salamanca or Battery Point with established tenants may qualify for higher LVRs. Our 60+ lender panel includes specialists who understand Tasmania’s unique market dynamics and value the security of our low 1.8% vacancy rates.

Hobart commercial properties significantly outperform residential, delivering 5.5-8.0% net yields compared to residential’s 3.5-4.5%. Salamanca Place retail achieves 9.1% yields with 98% occupancy, while waterfront offices return 7.5-8.5%. The key difference is lease terms – commercial tenants sign 5-10 year agreements with annual 3% increases, versus residential’s 12-month leases. Tourism-backed retail and Antarctic sector offices usually provide the most defensive yields, maintaining returns even during economic downturns due to their essential nature.

For first-time investors, you might want to start with established areas offering stable returns. Sandy Bay medical suites deliver consistent 6.5% yields with healthcare tenants on long leases. Kingston business parks near the Southern Outlet provide affordable entry at $800-1,200/sqm with strong demand from local businesses. Glenorchy industrial properties offer excellent value with the hydrogen economy driving 22% annual rental growth. The CBD fringe around Liverpool and Murray Streets balances affordability with proximity to amenities. It’s usually best to avoid speculative waterfront developments until you understand the market – focus on properties with existing tenants and proven rental history.

Our Hobart commercial loan approvals typically take 5-28 days, significantly faster than the industry standard 4-6 weeks. For straightforward purchases with existing tenants, we’ve secured approvals in 1-2 weeks. Bridging finance for auctions can be approved within 48-72 hours. The key is preparation – having your financials ready and working with brokers who understand Hobart’s unique market speeds approval. Our team knows which lenders favour Tasmanian tourism assets, heritage properties, and renewable energy developments, avoiding delays from mainland-focused banks unfamiliar with our market.

 

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Business finance broker - Smart Business Plans Australia
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