1 Cromwell StreetBattery Point TAS 7004
Property Details for 1 Cromwell St, Battery Point
1 Cromwell St, Battery Point is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 380m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 1986.
Last Listing description (October 2022)
Proudly situated at the corner of Napoleon Street and Cromwell Street, the two-story tower is an architectural signature of this highly recognisable home. Located in a privileged position overlooking the Derwent River, 'Hylton' is a landmark property in the finest and most desirable of Hobart's suburbs.
Having changed hands a small number of times since being constructed more than 100 years ago, this large family home benefits from period architectural features, multiple generously sized living areas, including formal and informal living rooms, separate dining room, multiple sitting rooms, as well as four bedrooms and two bathrooms.
Stepping outside and exploring beyond the low-maintenance established garden and private walled courtyard with spa, two existing and adjoining titles measure a combined 571m2 with almost 50 metres of street frontages, and along the rear boundary there is 18 metres of right of way access.
This remarkable property affords the opportunity of guilt-free refurbishment or extension for a buyer seeking to make such a unique property their very own.
For astute developers, the strata title possibilities made available by this property's Inner Residential zoning, two adjoining land titles and combined three boundaries of possible vehicle access, are features that simply cannot be ignored.
- First time offered for sale in 34 years
- Adjoining two titles may suit strata development
- Property zoned 'Inner Residential'
- Almost 50 metres of street frontage
- Rear boundary right of way (18m)
- Premier and prestigious Hobart location
- Constructed in 1915 and well maintained
- Ever-changing water views
- Short stroll to Salamanca Place
- Secure off-street parking
- Desirable central inner-city location
- Walking distance to Hobart CBD
Year Built: 1915
Construction: Brick
Roof: Tile
Heating: Electric and wood combustion heater
Annual Council Rates: $5,500 approx.
Annual Water Rates: $900 approx.
Zoning: Inner Residential
Property History for 1 Cromwell St, Battery Point, TAS 7004
- 02 Oct 2022Listed for Sale Expressions of Interest, closing 1 Feb.
- 07 Sep 2021Listed for Sale Expressions of Interest, closing 1 Feb.
- 12 Aug 2020Listed for Sale Expressions of Interest
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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.
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