OFF MARKET

16A St Georges Terrace
Battery Point TAS 7004

Bedrooms: 7
Bathrooms: 5
Car spaces: 5
Floor area: 303m2
Land area: 536m2
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Property Details for 16a St Georges Tce, Battery Point

16a St Georges Tce, Battery Point is a 7 bedroom, 5 bathroom House with 5 parking spaces and was built in 1900. The property has a land size of 536m2 and floor size of 303m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Year Built
1900
Floor Size
303m2
Land Size
536m2
Local Government
Hobart
Lot/Plan
1/215369

Last Listing description (October 2024)

If the walls of heritage-listed “Edgehill” could talk, not only would they speak of this haven's rich history, but they'd reveal that this celebration of Georgian and Victorian architecture is a rare find. Brought to life by a local mariner in the 1860s and epitomising the character of Battery Point, today this remarkable property promises enticing residential or investment potential.

The options - just like its views and location - make it extraordinary. Move into the double-storey terrace, graced by high ceilings, original fireplaces, gleaming hardwood floorboards and bay windows, while renting out the remaining four self-contained apartments. It's a savvy way to pay off your mortgage while enjoying life in one of the finest examples of Victorian Italianate architecture.

Alternatively, use Edgehill terrace or “Sweet Pea” (a delightful studio apartment) as your private escape from the mainland. So, when you're not marvelling at the snow-capped peak of magical kunanyi (Mount Wellington) or savouring vistas of the River Derwent, Sandy Bay Marina or city of Hobart, you can capitalise on the Airbnb potential.

Investors should take note too. Battery Point is Hobart's most historic suburb, and its capital growth prospects are as substantial as “Edgehill's” entire 399m2 footprint. A central and charming blue-chip location, these self-contained apartments are well-presented and continuously tenanted, conveying a healthy yield of $119,600 p.a. (approx.).

Nestled within a picturesque and peaceful setting, there's a magic to life here you just won't find elsewhere. It's strolling the gas-lit streets at night, stopping for an Italian feast at Da Angelo's Restaurant or a refreshing fireside drink at the Shipwrights Arms Hotel. During the day, satisfy your sweet tooth with a freshly baked treat from Jackman & McRoss, or if you're in the mood for nature, Errol Flynn Reserve and Short Beach provide a scenic escape. Salamanca Place is another firm favourite of locals, bustling with boutiques, eateries, galleries and more, while on Saturdays, it hosts the famed Salamanca Markets. Best of all, everything is within walking distance, so you can opt in or out of the action as you please.

“Edgehill” is a remarkable place to celebrate the past, rediscover joy and revel in its future potential. For more information or to start the conversation on how this could change your life, please contact Rod Force on 0418 531 837 or rodforce@nestproperty.com.au today.

Property Specifications:
- “Edgehill” - a substantial heritage-listed haven rich with history and rare potential
- Comprises five self-contained apartments with stunning river, mountain or city views, set on a 570m2 block
- Multiple options to explore, including living in the two-storey terrace house and offsetting your mortgage by renting out the remaining four apartments
- Prime investment opportunity - convenient, blue-chip suburb with substantial capital growth prospects
- Never without a tenant, and potential to yield $119,600 p.a. by renting out all five apartments
- Edgehill terrace regarded as one of the finest examples of Victorian Italianate architecture, enriched with high ceilings, original fireplaces, gleaming hardwood floorboards and beautiful bay windows
- Large workshop/hobby space and storage under
- Outdoor amenities include 2 verandahs, 1 balcony, 1 deck, 1 paved outdoor living area
- Designated on-site parking for five cars
- All apartments well-presented and maintained, some with renovations
- “Walk everywhere” lifestyle, offering easy access to restaurants, cafes, cosy pubs, parks, beaches and vibrant Salamanca Place

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Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 16a St Georges Tce, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$1,600,000
18 Aug 2017
Listed for Rent
$280/w
06 Jul 2015
  • 12 Jun 2024
    Listed for Sale Offers Over $2,200,000
  • 14 Nov 2023
    Listed for Sale Contact Agent
  • 18 Aug 2017
    Sold for $1,600,000
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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 13 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.