South Hobart

1 & 2 / 429 Macquarie Street

House
Sold 30th October 2024 for $1,200,000
4
2
4

Nest and or Invest – Live and or Enjoy a Single or Dual Income Opportunity

Presenting a rare opportunity in the highly sought-after suburb of South Hobart, this solid brick house, built in 1941, offers both charm and investment success. Perfectly located just a 10-minute walk from Hobart’s CBD, this property comprises of two separate, 2/3 bedroom units, each with its own meter, making it an ideal investment for rental income or a family home with guest accommodation.

Key Features:

• Prime Location: Enjoy the convenience of city living while basking in the tranquillity of South Hobart. With just a short stroll to Hobart’s CBD, you have easy access to dining, shopping, entertainment, and public transport.
• Solid Brick Construction: Built in 1941, this property stands as a testament to quality craftsmanship, offering durability and timeless appeal.
• Dual Living: Two fully self-contained, two-bedroom units provide flexibility and potential for dual income streams. Each unit is separately metered, ensuring ease of management.
• Proximity to Amenities: Benefit from the close proximity to local amenities, including top-rated schools, parks, and healthcare facilities.
• Outdoor Enthusiast’s Paradise: Nestled near the Wellington Ranges, residents can explore endless walking and bike tracks, embracing an active lifestyle in a breathtaking natural setting.

Why South Hobart?

South Hobart is a vibrant community known for its heritage charm and modern conveniences. With a rich cultural scene, excellent cafes, and welcoming community, it’s no wonder this suburb is one of Hobart’s most desirable locations. The proximity to the Hobart Rivulet Track and Cascade Gardens makes it perfect for those who love outdoor adventures.

Don’t Miss Out!

This property is more than just a home; it’s an opportunity. Whether you’re an investor seeking reliable returns or a homeowner looking for a versatile living arrangement, this solid brick house in South Hobart is a must-see.
Contact us today to arrange a viewing and take the first step towards owning this exceptional property. Opportunities like this are rare, so act quickly to secure your piece of South Hobart’s charm!

Construction: Brick
Council Rates: Approx. $3600 pa
Water Rates: Approx. $1427 pa
Rental Rates: Approx. $600 p/w per unit
Unit 1 is tenanted until the 21/7/24 for $600 per week

Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.

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Property Information

Year Built
1941
Land Area
508 sqm approx
Floor Area
242 sqm approx

Features

Roof
Iron
Exterior
Brick

Parking

Garage Spaces
2
Off Street Spaces
2