350 Argyle St, North Hobart is a 7 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1850. The property has a land size of 508m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in April 2014.
SUPERB INVESTMENT OPPORTUNITY IN NORTH HOBART
THIS VERY IMPRESSIVE GEORGIAN BUILDING OFFERS THREE WELL MAINTAINED FLATS, TWO OF WHICH ARE ON THE LOWER LEVEL AND A SUBSTANTIAL THIRD FLAT OCCUPIES THE ENTIRE UPPER LEVEL. FLAT 1 (79SQM) COMPRISES AN ENTRY FOYER, DOUBLE BEDROOM, COMBINED LIVING/DINING AND KITCHEN, BATHROOM AND SEPARATE LAUNDRY. FLAT 2 (96SQM) OFFERS TWO DOUBLE BEDROOMS, THE LARGE MAIN HAS A NEW EN SUITE BATHROOM AND LOVELY ADJACENT SITTING AREA, COMBINED LIVING DINING AND KITCHEN AND SECOND BATHROOM. FLAT 3, A VERY SPACIOUS 172SQM, COMPRISES FOUR BEDROOMS, TWO GENEROUS LIVING SPACES, A BATHROOM AND SEPARATE LAUNDRY AND HAS A SUNNY REAR PATIO. EACH UNIT HAS A SECURE SINGLE GARAGE AT THE REAR AND THERE IS ALSO A LARGE WORKSHOP AND LOVELY COURTYARD WITH EXTRA OSP. EACH FLAT IS CURRENTLY TENANTED PROVIDING EXCELLENT RETURNS FOR INVESTORS. THERE IS ALSO PLENTY OF SCOPE TO FURTHER DEVELOP STCA AND THE UNIQUE VERSATILITY OF THIS PROPERTY PRESENTS MANY OPTIONS FOR THE ASTUTE PURCHASER TO CONSIDER. BRILLIANTLY LOCATED IN EVER POPULAR NORTH HOBART, ON THE DOORSTOP OF SUPERB RESTAURANTS AND ENTERTAINMENT, THE STATE CINEMA, THE FRIENDS SCHOOL AND ALL ESSENTIAL SERVICES, THIS IS A UNIQUE OPPORTUNITY TO PURCHASE A SOUND INVESTMENT IN A HIGHLY SOUGHT AFTER LOCATION WALKING DISTANCE TO THE CBD.
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:
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