Tasmania's commercial property deals this fortnight
An office tower, a hotel, a pub, a lodge and a CBD warehouse site: five commercial listings and sales from the past three weeks.
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- Read original source · Commercial Real Estate
Tasmania’s commercial property news over the past three weeks has been a run of listings and sales, mostly in the north. None is a large development, but together they show where owners and buyers are active.
Launceston: office and hotels
Cimitiere House, the Launceston office tower anchored by the Tasmanian Department of Health, went to expressions of interest through CBRE and Elders Commercial, with the campaign closing on 11 November. It has a 5-star NABERS energy rating and has been held by the same owner since early 2012, Commercial Real Estate reported. Our story is Cimitiere House hits the market.
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On 4 November, Deltine High Yield Motel Fund bought the Sebel hotel on St John Street in an off-market deal, The Examiner reported. The price was not disclosed, though the paper understands it to be the largest paid for a Tasmanian accommodation property outside Hobart. See the Sebel sale.
The Commercial Hotel, a Launceston pub, is on offer at over $400,000 plus stock at valuation after 18 years under the same publican, per The Examiner. It is a leasehold trading business. See our report on the pub.
Central Plateau: a lodge
Thousand Lakes Lodge, a tourism retreat in the World Heritage Area, is listed for $2.4 million with an investor group fronted by Marcos Ambrose. Expressions of interest close on 10 December. See the lodge listing.
Hobart: a CBD block
Sultan Holdings has applied to Hobart City Council for a temporary 236-space car park in the former K&D Warehouse on Melville Street, for about 18 months, Pulse Tasmania reported. The Tony White Group bought the block from the University of Tasmania for $31 million in 2025. Council comment closes 20 November. See the K&D site story.
What it adds up to
- Four of the five are in northern or central Tasmania, and one is in Hobart.
- Two are hospitality assets (a hotel and a pub), one is tourism, one is office and one is a CBD site with no long-term plan published.
- Pricing is thin: one asking price of $2.4 million, one of over $400,000, and an undisclosed hotel sale.
What to watch
- The outcome of the Cimitiere House campaign after 11 November.
- Hobart council comment on the K&D car park, closing 20 November.
- Thousand Lakes Lodge expressions of interest, closing 10 December.
We have not verified any of these figures beyond the named outlets’ reports.
Quick answers
What are the key numbers in this story?
commercial moves in three weeks: 5; in Launceston or northern Tasmania: 4; 2025 price of the Hobart CBD block: $31m.
Where does this information come from?
This story cites Commercial Real Estate, The Examiner, 5 Nov 2026 and The Examiner, 21 Oct 2026. Every source is linked on the page.
On the record
Of five Tasmanian commercial listings and sales we covered between 21 October and 11 November, only two carry a published asking price (The Commercial Hotel and Thousand Lakes Lodge) and the one completed sale, the Sebel, has no published price.
Our coverage · Read our earlier story
Also reported by
- Commercial Real EstateGreen building, blue-chip tenant: Launceston office tower for sale
- The Examiner, 5 Nov 2026Deltine buys out Launceston's Sebel hotel in big-money sale
- The Examiner, 21 Oct 2026Launceston pub owner to sell The Commercial after 18 years
- The Examiner, 2 Nov 2026Marcos Ambrose to sell tourism retreat in Tasmanian wilderness
- Pulse Tasmania, 11 Nov 2026Former Swisherr basketball courts could become Hobart car park
Filed by the AusDev Tasmania Desk. How we report.