1 Grace St, Hamilton is a 5 bedroom, 1 bathroom House. The property has a land size of 2431m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 5 bedroom House sold in Hamilton in the last 12 months.
Development opportunity or the ultimate creative project? You decide.
Set on a substantial 2,431sqm level allotment across two titles, this property represents a blue-chip opportunity for developers, investors, and visionary renovators. Located within Hamilton’s prestigious Heritage Precinct, this is your chance to secure a significant footprint in one of Tasmania’s most iconic colonial townships.
The property: a blank canvas with infrastructure.
The 160sqm (approx) dwelling, built in 1984 on the site of a former colonial home, offers a unique foundation for its next chapter. While the interior is in need of refurbishment-having been utilized in recent years as an artisan’s workshop and studio-the layout and infrastructure provide incredible versatility:
• Flexible layout: Three bedrooms plus two additional multi-purpose rooms-perfect for a large family home, professional studio space, or a dual-living conversion.
• Large shed: The property includes a substantial shed, providing immediate storage for building materials, or a dedicated space for a home-based trade
• Artisan ready: The property was rewired in 2011 with the addition of 3-phase power, specifically to support workshop equipment and high demand creative tools.
• Services connected: Mains water and sewer are already on-site.
The land: Subdivide & conquer (STCA)
Rarely do blocks of this scale become available in the Village Zone. With a level profile and existing dual titles, the potential for a boundary adjustment or subdivision (STCA) makes this a strategic land-banking play.
The location: where history meets lifestyle
Positioned directly across from the historic "Glen Clyde House" (c.1840s), you are surrounded by the charm of convict-built stone architecture and the serene River Clyde.
• Walk to everything: Moments from the 1826 Bar & Bistro, Auntie V’s Cafe at the Hamilton Inn, and the local Post Office.
• The Best of both worlds: Enjoy the quiet, frontier spirit of a rural town while being just 30 minutes from New Norfolk and a comfortable 50-minute commute to Hobart’s Northern Suburbs.
This is more than just a house; it is a high-yield project waiting for an astute buyer to unlock its true value.
Key Features:
• Substantial 2,431sqm level block across two titles
• Large shed for workshop or storage needs
• Village Zone with sewer & mains water
• 160sqm (approx) dwelling with 3-5 potential bedrooms
• Upgraded 3-Phase wiring (2011)
• Prime Heritage Precinct location
The information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own investigations and seek independent verification of all details before entering into any agreement.
The size of Hamilton is approximately 129.1 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Hamilton in 2016 was 211 people. By 2021 the population was 241 showing a population growth of 14.2% in the area during that time. The predominant age group in Hamilton is 0-9 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a managers occupation.In 2021, 65.60% of the homes in Hamilton were owner-occupied compared with 73.30% in 2016.
Hamilton has 223 properties. Over the last 5 years, Houses in Hamilton have seen a 58.54% increase in median value. As at 31 March 2026:
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