SOLD
Sold on 05 Nov 2023 for $3,580,000

44-46 Hampden Road
Battery Point TAS 7004

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 401m2
Land area: 612m2
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Property Details for 44-46 Hampden Rd, Battery Point

44-46 Hampden Rd, Battery Point is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 612m2 and floor size of 401m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Battery Point in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
401m2
Land Size
612m2
Local Government
Hobart
Lot/Plan
2/141588

Last Listing description (November 2023)

It offers the following components:

- A stunning light filled three-bedroom three-bathroom residence. Comprehensively refurbished and immaculately presented, this beautiful home features ground floor entry into a free-flowing sun-drenched kitchen-living-dining area opening out onto two separate walled courtyards. Incorporating a large entertainer's kitchen with leading European appliances and stone bench tops, a beautiful, tiled bathroom, laundry and storeroom/cellar. The upper level offers three bedrooms, second bathroom and palatial ensuite. It is enhanced by intimate views over the rooftops of historic Battery Point including River Derwent and St Georges church tower. Outside there are two distinct paved courtyards and rare secure (auto gate) off street parking spaces for two vehicles.

- Fully leased, extensively refurbished free-standing restaurant leased to Monsoon Thai Fusion on a brand new five year lease. This hugely popular restaurant has recently benefited from significant renovations paid for by the tenant and comprising a new kitchen and refrigeration-storage area. It is one of a few eateries in Battery Point to benefit from an outdoor dining area (both front and rear) and has excellent exposure via a wide frontage to vibrant Hampden Road. The restaurant has a 4.5 star rating on TripAdvisor.

- Coopers Cottage. This fully self-contained oversize one bedroom apartment is a thriving visitor accommodation business. Accommodation comprises formal dining room, formal lounge, separate kitchen and a spacious bedroom overlooking the sights and sounds of Hampden Road. This property comes fully furnished could readily be leased for $600 per week on a long term lease basis should the new owner not wish to operate the current visitor accommodation business.

- Second retail outlet, currently occupied by Rainkoat clothing store. It has excellent exposure to Hampden Road.

In totality this unique offering provides the astute purchaser the quintessential lifestyle and income asset. Positioned centrally within Hobart's most historic and sought-after suburb. Live within a fabulous three bedroom residence and reap the benefits of a substantial passive income. Alternatively, the property could be fully leased to provide for a totally passive income.

The property is being offered subject to its existing leases and is being sold via Expressions of Interest.

Property History for 44-46 Hampden Rd, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$3,580,000
05 Nov 2023
Listed for Rent
$670/w
06 Oct 2017
  • 05 Nov 2023
    Sold for $3,580,000
  • 19 May 2023
    Listed for Sale UNDER OFFER
  • 16 Nov 2017
    Sold for $2,510,000
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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 1,761 properties. Over the last 5 years, Houses in Battery Point have seen a 20.42% increase in median value, while Units have seen a 40.60% increase. As at 31 August 2024:

  • The median value for Houses in Battery Point is $1,323,903 while the median value for Units is $875,829.
  • Houses have a median rent of $550 while Units have a median rent of $525.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Battery point on OnTheHouse. According to CoreLogic's data, 83 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.