2/4 Ellerslie Road, Battery Point, TAS 7004 sold on 24 June 2025 | OnTheHouse
 
SOLD
Sold on 24 Jun 2025 for $520,000

2/4 Ellerslie Road
Battery Point TAS 7004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 77m2
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Property Details for 2/4 Ellerslie Rd, Battery Point

2/4 Ellerslie Rd, Battery Point is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1956. The property has a land size of 77m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom Unit sold in Battery Point in the last 12 months.

Building Type
Unit
Year Built
1956
Floor Size
54m2
Land Size
77m2
Local Government
Hobart
Lot/Plan
2/160937

Last Listing description (February 2026)

Located on sought-after Ellerslie Road in Battery Point, this top-floor 1950s apartment offers a rare chance to secure a high-performing asset in one of Hobart's most tightly held suburbs. With panoramic views across the city and water, this one-bedroom unit is part of an exclusive complex of just six-ensuring long-term demand and solid capital growth potential.

Key Investment Highlights:

Strong Rental Income: Currently leased at $500 per week until November 2025, delivering a gross yield of 5.2%.

Low Outgoings: Approximate annual expenses-Council Rates: $2,080 | Water: $800 | Body Corporate: Approx. $1022
Secure, Long-Term Tenancy: Reliable tenant in place, ideal for investors seeking immediate and stable cash flow.
Future Growth Potential: Premium Battery Point location offers excellent prospects for capital appreciation and future rental increases.
Short-Term Rental Potential: STR appraisal available on request-ideal for maximizing returns in a high-tourism area.
Property Features That Drive Tenant Appeal:
Light-filled living room with stunning views over Hobart and the Derwent River
Spacious bedroom with built-in robes
Functional kitchen with ample storage
Well-maintained bathroom with shower-over-bath layout
Secure 23 sqm ground-level storage room-rare at this price point
Off-street parking for one vehicle
Access to shared laundry, garden, and clothesline

Unbeatable Location:

Situated just moments from Salamanca Place, Battery Point Village, Hobart's CBD, and the waterfront precinct, this property is positioned in an area of consistently high rental demand-making it an ideal choice for both seasoned investors and SMSF buyers.

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Property History for 2/4 Ellerslie Rd, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$520,000
24 Jun 2025
Listed for Rent
$270/w
12 Feb 2016
  • 24 Jun 2025
    Sold for $520,000
  • 24 Nov 2024
    Listed for Sale Offers Overs $550,000
  • 08 Sep 2024
    Sold for $500,000
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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 2016 was 1997 people. By 2021 the population was 2096 showing a population growth of 5.0% 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 over $4000 per month on mortgage repayments. In general, people in Battery Point work in a professional occupation.In 2021, 50.30% of the homes in Battery Point were owner-occupied compared with 51.20% in 2016.

Battery Point has 1,747 properties. Over the last 5 years, Houses in Battery Point have seen a 1.37% increase in median value, while Units have seen a 18.86% increase. As at 28 February 2026:

  • The median value for Houses in Battery Point is $1,359,566 while the median value for Units is $864,889.
  • Houses have a median rent of $693 while Units have a median rent of $600.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Battery point on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Battery point.

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