Sophisticated expression of urban living in the heart of Hobart

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62 Patrick Street, Hobart TAS 7000

$1,650,000+

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$1.65M - $1.73M Transparent Transparent Listing Based on an openly advertised listing price.

Unit 3 Beds 2 Baths 2 Cars 256 m² 109 m²

Listed: 43 days ago

Updated: 13 days ago

Overview

This expansive penthouse apartment offers a sophisticated urban living experience in the heart of Hobart. Spanning over 250 square meters, including a generous 109 square meter building footprint and substantial 256 square meter land area, it provides a rare blend of spaciousness and premium convenience rarely found downtown.

The design prioritizes open-plan living, with ample internal space complemented by a significant private terrace, perfect for relaxed indoor-outdoor entertaining or unwinding with city views. The residence is tailored for buyers seeking a luxurious yet low-maintenance lifestyle, ideal for those valuing both comfort and contemporary elegance.

Access is made effortless with secure parking for two vehicles and level-entry via a lift from parking directly to the front door, ensuring practical ease for everyday living. Each detail within the apartment reflects purposeful appointments, combining modern design elements with refined finishes to create a residence that is both functional and stylish.

Investors may also find this property appealing due to its proven track record as a successful Airbnb offering, indicating strong rental potential with minimal operational challenges. The home's location, at The Elliott, places residents close to the central business district and within moments of North Hobart's acclaimed cafes, restaurants, and cultural precinct, marrying city convenience with a vibrant lifestyle.

Spacious three-bedroom, two-bathroom layout
Two off-street parking spaces with direct lift access
Significant private terrace enhancing indoor-outdoor flow
Modern, high-quality finishes throughout
Proven investment opportunity in a prime location

Local Market Insights

In Hobart, Quiet Listings observed 7 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $538,429. The property type mix of listed properties is predominantly Houses at 58%, followed by units (15%), and apartments (13%). The most active agency for units in the Hobart area is currently Petrusma Property – Sandy Bay, representing 43% of new listings, followed by Fall Real Estate with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.