OFF MARKET

249 Elizabeth Street
North Hobart TAS 7000

Bedrooms: 16
Bathrooms: 15
Car spaces: 3
Floor area: 451m2
Land area: 1265m2
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Property Details for 249 Elizabeth St, North Hobart

249 Elizabeth St, North Hobart is a 16 bedroom, 15 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 1265m2 and floor size of 451m2. While the property is not currently for sale or for rent, it was last sold in February 2001.

Building Type
House
Year Built
1900
Floor Size
451m2
Land Size
1265m2
Local Government
Hobart
Lot/Plan
1/137898

Last Listing description (November 2024)

Situated on the corner of Elizabeth Street and Warwick Street, stands "Melbourne Lodge," one of Tasmania's oldest residences. Constructed by convicts around 1829, this sandstone Georgian mansion was built for John Stracey, the colony's first auctioneer, but soon began a new life as a private boys school. The Warwick Street wing was added in 1835 to help expand the school's accommodation, however, the honourable George Salier soon purchased the property and again made more renovations and additions to house his large family of 14 children and numerous servants. George and his wife Harriett lived out their entire lives in their luxury home and when George passed, one time Tasmanian Premier Honourable Adye Douglas MLC, became the new custodian, before the property resumed its educational links to become the Hobart Ladies College. In 1992, a major renovation project was completed, and Melbourne Lodge began its new life as a boutique hotel. This theme has been continued by its current owners, with The Lodge on Elizabeth currently being operated as a Heritage Bed and Breakfast facility.

Available as vacant possession, this property is a must inspect for those seeking a large CBD footprint able to accommodate an extended family, work crew or group. Developers may see an opportunity to take advantage of the mixed urban zoning and repurpose into medical rooms, offices or similar (STCA). For those wishing to semi-retire with a steady passive income - short/long term accommodation or a wedding/function centre, is perfectly suited to this grand old manor (STCA).

Once inside this magnificent building, you are greeted by a glorious entry hall, bisecting two large living spaces, one of which is currently being utilised for dining. These spaces are warm and inviting, featuring decorative fireplaces, soaring ceilings, stunning refurbished timber floors, chandeliers and an all-encompassing sense of history and heritage. An adjacent kitchenette space provides an opportunity to upscale the catering amenity if required.

The ground floor accommodation comprises 10 large bedrooms, each with its own ensuite and connected by that meandering, expansive hallway.

There are 3 capacious, master bedrooms upstairs, all with granite laden spa ensuites, 2 of which have direct access to a splendid grand veranda. Two more of these original rooms have since been converted into a more modern apartment, complete with 2 bedrooms, lounge, master bathroom and sleek kitchen.

The property is underpinned by a breathtaking courtyard garden, absolutely stunning and a very rare treat within the city confines. This manicured oasis provides entry to the adorable convict cottage, thought to be originally used as a servant's quarters. This cute and cosy space has since been converted into a fully self-contained heritage hideaway.
The basement is both fascinating and practical, providing a huge storage space as well as three undercover car parks, accessed through Warrick Street. The exposed sandstone convict bricks provide a rare insight into our early history, each brick marked as a signature from its maker.

The Lodge is centrally situated just a 3-4 minute walk to over 50 North Hobart restaurants, cafes. food establishments, pubs, bars and craft breweries. A 10-minute stroll along Elizabeth Street will find you in the centre of Hobarts CBD, whilst just a few more minutes will have you arriving at the famous Hobart waterfront precinct. This truly is a remarkable opportunity for you to own a significant piece of Tasmania's heritage architecture, so please contact me to arrange your private tour and inspection.

The Lodge on Elizabeth is listed with the National Trust and forms part of the National Estate.

? Grand Georgian mansion, built from sandstone in 1829 by convict crews.
? 13 large bedrooms all with ensuites and heritage features
? Capacious hallways, spacious living rooms, original floors
? Self-contained convict cottage
? Modern, fully self contained 2 bedroom apartment
? Stunning courtyard garden, central to the 1295m2 land parcel
? 3 undercover car parks, huge basement storage
? Zoned Urban Mixed Use - Hobart Interim Planning Scheme 2015

Council Rates: $11,554 (Approx p.a.)
Water Rates: $5,000 (Approx p.a.)

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information

Property History for 249 Elizabeth St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$850,000
13 Feb 2001
  • 12 Mar 2024
    Listed for Sale Offers Over $2.3M
  • 13 Feb 2001
    Sold for $850,000
  • 21 Feb 1992
    Sold for $250,000
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About North Hobart 7000

The size of North Hobart is approximately 1 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2011 was 2,653 people. By 2016 the population was 2,511 showing a population decline of 5.4% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation. In 2011, 45.1% of the homes in North Hobart were owner-occupied compared with 41.8% in 2016.

North Hobart has 1,586 properties. Over the last 5 years, Houses in North Hobart have seen a 29.51% increase in median value, while Units have seen a 44.44% increase. As at 31 October 2024:

  • The median value for Houses in North Hobart is $921,678 while the median value for Units is $748,376.
  • Houses have a median rent of $565 while Units have a median rent of $498.
There are currently 8 properties listed for sale, and 4 properties listed for rent in North hobart on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in North hobart.

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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.