4/1 Burnett St, North Hobart is a 3 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 380m2.
Luxury Living Meets Investment Brilliance at 1 Burnett StreetStep into a world where architectural elegance, cutting-edge innovation, and investment potential converge. Welcome to 1 Burnett Street-a masterfully designed residence redefining luxury in the heart of North Hobart. This is not just a home; it's a lifestyle asset, a sanctuary for sophisticated living, and a high-performing investment rolled into one.An Unmatched Value PropositionSet at an extraordinary average of under $10,000 per square metre, this prestigious property offers exceptional value in one of Hobart's most desirable postcodes. No other development in the city combines such elite craftsmanship and visionary design at this price point-making it a standout for both capital growth and income potential.A Coveted Location, Moments from EverythingLocated just 1.6 km from Hobart's CBD, and a short stroll to the vibrant cafs, award-winning restaurants, and artisan wine bars of North Hobart, this address offers the perfect blend of urban convenience and neighborhood charm. High-end tenants and short-stay guests alike will be drawn to this highly walkable, culturally rich enclave.Short-Term Luxury Stays: With potential earnings of up to $88,000 per annum, capitalise on Tasmania's booming tourism market with a property tailor-made for executive guests and discerning traveler's.Refined Interiors, Unparalleled QualityThree opulent bedrooms, each with its own ensuite featuring sculptural microcement finishes, creating an elevated spa-like experience.A chef's kitchen that stuns: curved stone island bench, bespoke brass tapware, premium AEG appliances, and a fully equipped butler's pantry-complete with a second AEG dishwasher.Fully integrated Control4 home automation allows seamless control of lighting, security, and climate-enhancing comfort while offering peace of mind with CCTV and remote-access privacy features.Hydronically heated floors across both levels paired with Daikin reverse cycle heating and cooling ensure effortless year-round luxury.A private 88m underground basement offers boundless flexibility-ideal for a home gym, creative studio, cinema or high-end business operation.A dedicated home office brings professional-grade functionality to this luxurious residence.Two secure side-by-side underground car spacesBody Corporate Fees: Approx. $2,000 per annumRental Appraisal: Approx. $1,250 per weekShort Stay Potential: Estimated annual income of $88,000
The size of North Hobart is approximately 1.0 square kilometres. There are 3 parks, covering nearly 5.6% of the total area. The population of North Hobart in 2016 was 2494 people. By 2021 the population was 2600 showing a population growth of 4.2% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation.In 2021, 43.80% of the homes in North Hobart were owner-occupied compared with 41.80% in 2016.
North Hobart has 1,617 properties. Over the last 5 years, Houses in North Hobart have seen a -8.60% decrease in median value, while Units have seen a 0.58% increase. As at 31 August 2026:
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