1 Browne St, West Hobart is a 2 bedroom, 1 bathroom Unit and was built in 1915. The property has a land size of 289m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Offering a rare set up with the capacity for triple occupancy, the property lends itself to a great investment opportunity, ideal for short term accommodation or a convenient and central home. This property is ideally located a short stroll into the centre of Hobart's CBD, close to great schools and a hop, skip and jump from the restaurant strip of North Hobart.
Originally built in 1915 the home has wonderful street appeal. On the street level the space is generous with lovely high ceilings. There are two good sized bedrooms located at the front of the home, both with the original fireplaces and the main bedroom has a gorgeous bay window.
The living space is spacious and light filled and with full length windows from the living space plus a great spot on the back deck to take in the stunning city views. This is a magnificent sight to take in at night. There is also a pull down bed in the lounge, great use for visiting guests.
The updated eat -in kitchen includes a Miele dishwasher and washing machine along with gas top cooking. This level is currently tenanted at $550 per week on a month to month lease and comes furnished.
Downstairs, the separate accommodation includes two bedrooms and a two-way bathroom. The open plan living space opens to the lovely outdoor space with undercover alfresco dining. This space has a cosy ambience with timber feature walls, built-in bookshelves and another pull down bed in the living space. This space has a rental potential of $470 per week.
Sitting at the rear of the block the one bedroom furnished studio has previously been used for short term accommodation by the current owners and is comfortable space with french doors that open out to the outdoor dining space. This space has a rental potential of $350 per week.
Each of the three separate accommodations have their own power meter and hot water systems with a rental potential together of $1370 per week. Other stand out features of this property include 3 water tanks, thermostat controlled in-ceiling heating system and storage space under the home.
This premier inner city location and versatility of this property make for a great combination, we encourage your inspection and look forward to showing you through.
Built: 1915
Land Size: 272m2
Rental Appraisal: Total rental potential $1370 per week
Upstairs/Street level $550 per week
Downstairs $470 per week
1 Bed Studio $350 per week
Council Rates: $3,600 approx. p.a.
The size of West Hobart is approximately 3.9 square kilometres. There are 8 parks, covering nearly 35.4% of the total area. The population of West Hobart in 2016 was 5953 people. By 2021 the population was 6525 showing a population growth of 9.6% in the area during that time. The predominant age group in West Hobart is 20-29 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation.In 2021, 63.40% of the homes in West Hobart were owner-occupied compared with 62.30% in 2016.
West Hobart has 2,954 properties. Over the last 5 years, Houses in West Hobart have seen a 9.90% increase in median value, while Units have seen a 13.50% increase. As at 30 June 2026:
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