18 Swan Street

North Hobart TAS 7000

This property really looks like a Tardis from outside! Located in ever popular North Hobart, circa 1900 Federation solid, red double brick home with potential plus. North Hobart is one of Hobart's most sought after suburbs with excellent capital growth. The vibrant North Hobart restaurant strip is on your doorstep and the Hobart CBD is a comfortable 10 minute walk away. Potential to convert the side 'right of way' to a driveway (STCA) enabling off street parking at the rear of the property. Two on street Hobart City Council residents parking permits, subject to council application approval.
Currently leased as a two apartments until January and March 2020 providing for excellent occupancy rates and strong rental returns currently $640 per week. The original staircase remains in place should you wish to renovate back into a family home whilst an upgrade or renovation would certainly add value. Polished floorboards, picture rails, open fire places with surrounds, ornate cornices and fretwork, leadlight entrance plus many more original features to fuel your imagination.
Generously proportioned over two levels with a flexible floor plan, the upper level consists of three bedrooms, bathroom, separate dining or bedroom, good sized living area and enjoys uninterrupted Hobart City and River Derwent views. The lower level is a similar floorplan with one bedroom and direct access to a massive storage area. Potential plus (STCA).