Superbly renovated city fringe character

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1/263 Macquarie Street, Hobart TAS 7000

Offers Over $745,000

Search Band Search Visibility Band

$745k - $782k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 3 Beds 2 Baths 1 Car 130 m² 106 m²

Listed: 31 days ago

Overview

This exquisitely renovated unit encapsulates the charm of 1920s character, elegantly fused with contemporary updates to create a sophisticated urban retreat on Hobart's city fringe. Its timeless period features have been lovingly preserved while seamlessly integrating modern comforts to suit today's lifestyle.

The property's open design centres on a spacious living and dining area that flows into a premium kitchen adorned with warm timber benchtops and quality European appliances, making daily living and entertaining effortless and enjoyable. A private timber deck extends the living space outdoors, offering a tranquil, low-maintenance spot perfect for alfresco dining or relaxing. Additionally, a unique subterranean courtyard, secured by striking stone walls, presents an exceptional social environment ideal for gatherings around a fire pit.

Accommodation is thoughtfully apportioned with two large carpeted bedrooms and a third versatile room suitable as a home office or studio, appealing to professionals or creatives seeking flexible living options. The two elegantly appointed bathrooms feature classic timber panelling and luxurious tiled floors, each delivering underfloor heating for cosy comfort year-round.

Modern conveniences include reverse cycle air conditioning, an electronic security system, and the valuable benefit of a dedicated car parking space supplemented by visitor parking, an uncommon asset in the inner-city. The Urban Mixed Use zoning enhances the property's potential, offering prospective buyers the opportunity for home-based business ventures subject to council approval.

Investors will find appeal in the property's strong capital growth performance and robust rental yield, while owners will appreciate its prime location just minutes from renowned cafes, scenic walking tracks, and vibrant waterfront precincts. This residence not only offers a refined living experience but also represents a sound long-term investment in Hobart's sought-after fringe market.

Period features preserved with modern renovations
Open plan living and high-end kitchen
Private timber deck and unique urban courtyard
Two large bedrooms plus versatile third room
Dual bathrooms with underfloor heating
Reverse cycle air conditioning and security system
Dedicated parking and visitor space
Urban Mixed Use zoning offering business potential
Close to cafes, walking tracks, waterfront, and Salamanca precinct

Local Market Insights

In Hobart, Quiet Listings observed 6 new units entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $504,000. The property type mix of listed properties is predominantly Houses at 61%, followed by units (13%), and apartments (13%). The most active agency for units in the Hobart area is currently Petrusma Property – Sandy Bay, representing 50% of new listings, followed by Fall Real Estate with 33%. 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.