SOLD
Sold on 09 Mar 2024 for $1,400,000

16 South Street
Battery Point TAS 7004

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 114m2
Land area: 240m2
Sold By
Petrusma Property - Sandy Bay
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Property Details for 16 South St, Battery Point

16 South St, Battery Point is a 3 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 240m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Battery Point in the last 12 months.

Building Type
House
Year Built
1880
Floor Size
114m2
Land Size
240m2
Local Government
Hobart
Lot/Plan
16/114147

Last Listing description (April 2024)

Holding a highly coveted position in Hobart's prestigious Battery Point, this low maintenance property exudes an impressive fusion of old-world charm within a stone's throw of Salamanca and a host of local galleries, cafes, and restaurants. The feeling of being in this pocket of Battery Point is special, with people coming from all over the world to visit and peruse the beauty in this precinct.

Jackman McRoss Bakey is around the corner as are many restaurants and cafes that you can get to easily by foot all on the level all within 100 metres or so !

'Melrose' at 16 South St presents a rare opportunity for the dream lifestyle and features the bonus of multiple off-street parking, level access and two levels in one of Battery Point's prime streets with fast internet nbn fibre to the premises. There is a delightful sun drenched court yard and this brick stand-alone home is surrounded by a lovely neighbourhood and neighbours. The home is currently tenanted until 14/4/24.

With a light and bright colour palate the home features high ceilings on entry and plenty of charm. The spacious master bedroom (with built in robe), living, dining, laundry, full bathroom and kitchen is on ground level with an upgraded solid Tasmanian Oak staircase leading upstairs to a study nook plus 2 bedrooms, built in robes, a powder room/2nd toilet plus attic storage.

Located in one of Australia's most liveable suburbs, the home is situated between the historic Princes Park, Kelly's Steps and the famous Jackman & McRoss bakery cafe. The property is close to the vibrant Hobart CBD, Salamanca, the waterfront precinct, and the Sandy Bay shopping zone, and is private, quiet, and secure.

About Battery Point
Battery Point is set on the CBD fringe, at just a 1km picturesque stroll from the Hobart GPO. It is Tasmania's first million-dollar suburb with a median price of $2,090,000 (houses Jan 2023-Dec 2023) & is the most sought-after suburb in Tasmania. Battery Point is suited to people who want to be close to a historic village atmosphere, the beach & Hobart CBD, numerous eateries, and the best year-round entertainment Hobart has to offer.

About Hobart:
With over $28 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, plus many other projects, Hobart remains a solid city to be investing in. Tasmania is known for its pro-environmental stance, and in 2020 achieved 100% renewable energy status thanks to a combination of hydroelectricity, wind, and solar energy sources.

Constructed: 1880
Rates: $3,192.80
Water: $1,051 fixed charges
Heating/Air con: 2 * Daikin reverse cycle / heat pumps

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 16 South St, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$1,400,000
09 Mar 2024
Listed for Rent
$750/w
23 Jun 2023
  • 09 Mar 2024
    Sold for $1,400,000
  • 01 Feb 2024
    Listed for Sale Expressions of Interest
  • 13 Apr 2023
    Listed for Rent $750 / week
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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 14 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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.