7/77-79 Molle StreetHobart TAS 7000
Property Details for 7/77-79 Molle St, Hobart
7/77-79 Molle St, Hobart is a 1 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 46m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
This bright 1-bedroom apartment is located on Molle Street, within walking distance of the city centre, Salamanca, and Hobart Waterfront. On the doorstep of the Hobart rivulet walking track, your morning coffee is only a stone's throw away at one of Hobarts best caf institutions; Hamlet or Pigeonhole.
Occupying a space on the second floor of an original 1900's brick building, unit 7 is positioned perfectly to capture all day sun in the north facing kitchen, bathroom, and bedroom.
The apartment has been recently repainted and had the original timber floors refurbished. The kitchen is compact and practical and includes a ducted washer/dryer so your clothes can be laundered safely and effectively.
The apartment title also includes a handy storage unit as well as access to a sunny shared yard
Investors, take note of the enticing combination of high yield (approx. 4.5%) and capital growth (+87% past 5 years*) potential. In a tight rental market, this property presents as an easy "set and forget" addition to your investment portfolio.
The opportunity to attain the apartment including all furniture will attract the attention of Airbnb investors, as well as the convenient location and easy-care nature of the property.
Located within walking distance of CBD, Salamanca and Waterfront
North facing windows, sunny and bright
Refurbished floors, renovated kitchens
Handy storage unit and sunny common grounds
Perfect long or short term (STCA) investment opportunity
Council Rates: $1,550 (Approx p.a.)
Water Rates: $700 (Approx p.a.)
Body Corporate fees: $800 (Approx p.a.)
Rental Estimate: $325.00 - $350.00 (Approx p.w.)
* REIT Hobart unit statistics July 2023
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 7/77-79 Molle St, Hobart, TAS 7000
- 16 Oct 2023Sold for $405,000
- 21 Aug 2023Listed for Sale Offers Over $420,000
- 20 May 2021Listed for Rent $300 / week
Recent sales nearby
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About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.
Hobart has 3,094 properties. Over the last 5 years, Houses in Hobart have seen a -1.20% decrease in median value, while Units have seen a 10.64% increase. As at 30 April 2026:
- The median value for Houses in Hobart is $1,020,757 while the median value for Units is $773,891.
- Houses have a median rent of $700 while Units have a median rent of $650.
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