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281 Elizabeth Street North Hobart TAS 7000

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Offers Over $1,350,000

Stunning Residence with added Income

281 Elizabeth Street, North Hobart
281 Elizabeth Street North Hobart

Built around 1905, this solid brick "Gentleman's Residence" offers all the elegance of a time gone by with the added advantage of a fully leased commercial space on the same title.

Zoned Urban Mixed Use this unique opportunity offers a stunning city fringe home (residential is a permitted use, but may require a change of use application) with the benefit of a fully leased commercial garage which generates $36,000+GST per annum and is leased for 3 years commencing 1 June 2016 with 3 three year options.

The house is a classic example of turn of the last century architecture with an impressive entrance hall with high ceilings, ornate arches and ceiling roses. This house abounds with early 20th century charm.

On the ground level you will find two reception rooms, each with original fireplaces and surrounds. You will also find the large dine in kitchen on this level, which includes a walk in pantry and hide away laundry.

At the rear of the front hallway is the ultra modern bathroom with corner spa bath and separated shower. This large bathroom also includes a double vanity.

Take the solid wood stairs to the first floor and you come to three good sized bedrooms, and an upstairs toilet. The piece de resistance is the private roof terrace which is accessed off this level. A great spot to enjoy some quiet time in this bustling neighborhood.

Attached to the rear of the house is a large commercial space currently utilised as a garage / workshop. This space includes a 183sqm workshop, storage, a reception area, office and bathroom facilities. It is currently leased on a 3 year lease commencing on 1 June 2016 with 3 three year options.

All this is located in one of the most sought after areas of Hobart, a short walk to the centre of the city and Salamanca and right in the heart of the North Hobart restaurant and entertainment strip.

This is a very special property looking for a very special buyer. If this is you please call today to arrange an inspection.
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Inspection Times

Key Features

    Land
    453 m²
    Building Area
    399square
    Virtual Tour:Click to view 
    Last updated 12:08PM on Mar 6th 2019
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    LJ Hooker Glenorchy

    402 Main Road
    Glenorchy TAS, 7010

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    LJ Hooker Glenorchy

    402 Main Road
    Glenorchy TAS, 7010
    More property from LJ Hooker Glenorchy
    1379 York Plains Road22 Maxwells Road32 Sharland Avenue1036 East Derwent Highway38 Kallista Road107 Rowbottoms Road