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Overview
52 Lower Jordan Hill Road, West Hobart TAS 7000 Price Guide $975,000+
Unleash your vision with this exceptional development opportunity located on an elevated block in a prime position just a short walk from North Hobart's vibrant lifestyle precinct. This property offers a unique chance for developers and investors alike to create something special in one of the city's most sought-after suburbs.
The existing residence is a charming retro home featuring linear-paned windows and polished floorboards, providing a solid and character-filled foundation. The spacious living room is enhanced by a schist-stone fireplace, creating a warm and inviting atmosphere. The kitchen retains a retro style with an AGA wood stove and a cozy dining nook, perfect for casual meals and family gatherings.
Downstairs, there are two generously sized bedrooms along with a central bathroom, offering comfortable living spaces. Upstairs, a versatile bedroom or studio space includes its own bathroom and a galley kitchen, ideal for guests or extended family. The property also boasts a deck with picturesque views across West Hobart towards the Derwent River, providing a tranquil outdoor retreat.
Additional features include a lock-up garage with workshop and storage areas, catering to practical needs and hobbies. The location is highly convenient, being close to Hill Street Grocer, schools, and a full range of amenities, ensuring everyday essentials are within easy reach.
Architectural plans have been prepared for two additional high-spec townhouses or studio residences, streamlining the development process. These plans are ready to be lodged for approval with the Hobart City Council, offering a clear pathway to maximize the site's potential. Currently, the property is rented, generating an income in excess of $50,000 per annum, making it an attractive investment opportunity.
- Spacious living room with schist-stone fireplace
- Retro kitchen featuring AGA wood stove and dining nook
- Two large bedrooms downstairs with central bathroom
- Upstairs bedroom/studio with bathroom and galley kitchen
- Deck with expansive views to the Derwent River
- Lock-up garage with workshop and storage
- Close proximity to Hill Street Grocer, schools, and amenities
- Architectural plans for two additional dwellings prepared
- Plans ready for submission to Hobart City Council
- Currently rented with strong rental income
This property represents a rare opportunity to acquire a home with significant development potential in a highly desirable location. Whether you are looking to renovate and enjoy the existing home or pursue the approved plans for additional dwellings, this site offers flexibility and scope to create a valuable asset in West Hobart.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
West Hobart TAS 7000
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 161 m² |
Market Insights for West Hobart TAS 7000
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