OFF MARKET

1/5 Gladstone Street
Battery Point TAS 7004

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 212m2
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Property Details for 1/5 Gladstone St, Battery Point

1/5 Gladstone St, Battery Point is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 212m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1994
Floor Size
147m2
Land Size
212m2
Local Government
Hobart
Lot/Plan
15/115248

Last Listing description (August 2023)

Occupying a truly coveted position within an exclusive complex central to Salamanca, overlooking the world-famous Salamanca Place adjacent to Hobart's picture-perfect Parliament Lawns, this expansive apartment is unrivalled in position, offering an enticing lifestyle within a vibrant, waterfront neighbourhood.

Larger than all but the penthouse apartments, the open-plan living encompassing a lounge and combined dining has been designed to capture abundant sunshine, promoting a warm and welcoming ambiance. The space extends to a wrap-around entertaining balcony, bathing in sun with leafy views, spanning across the rooftops of iconic nearby buildings.

The kitchen is incorporated within the main living area, and comes fully equipped with quality appliances, stone countertops, and plenty of storage, including a walk-in pantry.

Two oversized, light-filled bedrooms which have both been double glazed, make up the comfortable accommodation, each inclusive of built-in wardrobes, and the generous master comes complete with a stylish en-suite.

The main bathroom servicing the apartment features an over-bath shower, vanity, and a toilet. The large internal laundry enjoys ample storage space, and room for everyday essentials.

The apartment enjoys security, with street access along with underground carparking for two vehicles, with an attractive opportunity to lease one, or both, for a lucrative return within the in-demand area.

Perfectly positioned to take full advantage of the historic locale and surrounds, to immerse yourself within the culture and world-renowned Salamanca Markets, local restaurants, cafes, iconic waterfront and piers, this impressive property offers executive, sophisticated living within walking distance to just about anywhere within central Hobart.

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Property History for 1/5 Gladstone St, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$1,530,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $1,530,000
  • 04 Mar 2023
    Listed for Sale $1,650,000+ price range
  • 14 Jul 2001
    Sold for $325,000
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About Battery Point 7004

The size of Battery Point is approximately 0.7 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Battery Point in 2011 was 2,096 people. By 2016 the population was 1,995 showing a population decline of 4.8% in the area during that time. The predominant age group in Battery Point is 20-29 years. Households in Battery Point are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Battery Point work in a professional occupation. In 2011, 49% of the homes in Battery Point were owner-occupied compared with 51.2% in 2016.

Battery Point has 1,750 properties. Over the last 5 years, Houses in Battery Point have seen a 20.02% increase in median value, while Units have seen a 28.79% increase. As at 31 October 2024:

  • The median value for Houses in Battery Point is $1,289,607 while the median value for Units is $852,571.
  • Houses have a median rent of $550 while Units have a median rent of $535.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Battery point on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Battery point.

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