A Beautifully Upgraded Home with Exceptional Subdivision Potential

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51 Hill Street, Bellerive TAS 7018

Offers Over $1,090,000

Search Band Search Visibility Band

$1M - $1.1M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 4 Cars 1020 m² 130 m²

Listed: yesterday

Overview

This beautifully upgraded house in Bellerive offers a blend of warmth, quality, and lifestyle appeal. Situated on a substantial 1,020sqm allotment, the property combines inviting street presence with thoughtful renovations that enhance comfort and functionality.

The home's enhancements include quality floorboards, new carpets, a new roof, and double-glazed windows, alongside comprehensive rewiring. These improvements provide a modern level of comfort while retaining a homely feel. Heat and cooling are efficiently managed throughout the home thanks to floor-ducted reverse-cycle air conditioning.

Comprising three bedrooms, the residence offers built-in wardrobes in two rooms and features a central bathroom complemented by a convenient second toilet off the laundry. Ample hallway storage adds to the overall practicality, making it suited to a variety of household needs.

Externally, the property benefits from established lawns and an outdoor setting that enhances the appeal and usability of the land. A substantial 4.8m x 9m shed adds valuable space for storage, hobbies, or workshop activities, supporting a range of lifestyles.

The standout feature is undoubtedly the land itself, which holds an approved planning permit for subdivision. This rare opportunity enables the owner to consider future development options or investment ventures. The property allows for the possibility to retain the existing home while exploring subdivision of the rear portion, subject to approvals.

Located in the highly sought-after coastal suburb of Bellerive, the property offers lifestyle benefits including proximity to beaches, local cafés, restaurants, parks, schools, and easy access to Hobart's CBD via the Eastern Shore.

Ideal for buyers seeking a move-in-ready home with potential for future growth, this property seamlessly blends lifestyle, practicality, and investment potential in a desirable location.

Local Market Insights

In Bellerive, Quiet Listings observed 42 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $877,333. The property type mix of listed properties is predominantly Houses at 65%, followed by units (17%), and land (11%). The most active agency for houses in the Bellerive area is currently Petrusma Property – Sandy Bay, representing 40% of new listings, followed by Harcourts with 14%. 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.