205 Davey St, South Hobart is a 5 bedroom, 2 bathroom House with 5 parking spaces and was built in 1832. The property has a land size of 630m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in South Hobart in the last 12 months.
It doesn't get much better than this when looking for a property to add to your portfolio. There is a significant amount of opportunity and an abundance of benefits right here.
Situated within walking distance to the CBD of Hobart, Sandy Bay and South Hobart, this property is zoned Urban Mixed Use making it ideal for those who would like flexibility to use for residential or commercial purposes.
In a nutshell the offering is made up of a historic, 4 bedroom, 2 bathroom home and a separate 1 bedroom unit and is complete with off-street parking including a garage.
Both of these dwellings are successfully rented for a total of approximately $1200 per week, with tenancy until early 2025 thus giving space whilst you ponder on your next steps!
The property is set back from the road, beautiful positioned behind a handsome sandstone wall and surrounded by greenery. It would make beautiful rooms for a professional or indeed, a simply lovely family home. The 1 bedroom unit offering a secure income or flexibility to use as you see fit.
Well maintained and upgraded, this is a property that will impress. If you are looking for a versatile, solid and secure investment or residence, this is for you.
The size of South Hobart is approximately 9.2 square kilometres. It has 7 parks covering nearly 9% of total area. The population of South Hobart in 2011 was 5,077 people. By 2016 the population was 5,316 showing a population growth of 4.7% in the area during that time. The predominant age group in South Hobart is 20-29 years. Households in South Hobart are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Hobart work in a professional occupation. In 2011, 62.4% of the homes in South Hobart were owner-occupied compared with 63.4% in 2016.
South Hobart has 2,660 properties. Over the last 5 years, Houses in South Hobart have seen a 30.64% increase in median value, while Units have seen a 19.83% increase. As at 31 October 2024:
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