High Yielding Grand 1880 Residence

Perfectly positioned at the top of Murray Street in one of Hobart's most desirable and tightly held precincts, this substantial 1880s residence presents an exceptional opportunity in the heart of North Hobart.

Steeped in history and character, the home retains the charm of its heritage origins while offering outstanding versatility. Once a single grand residence, the property has been adapted into three self-contained flats, each generating a strong rental return. This configuration provides an excellent investment opportunity, with the option to maintain as a high-yielding asset or explore the potential to restore it to a remarkable family home. The property currently generates a gross weekly return of $1,195 per week.

Occupying a commanding position, the property enjoys an attractive street presence with its classic façade and period detail. Inside, the spacious interiors are defined by high ceilings, generous proportions, and original architectural features that speak to the home's 19th-century craftsmanship.

At the rear, a private and sizable yard provides valuable outdoor space, a rarity in this central location, offering both amenity and potential for further landscaping.

Situated only moments from the renowned North Hobart restaurant and café strip, and within walking distance of the Hobart CBD, this property offers unparalleled convenience. Nearby parks, schools, and public transport further enhance the appeal of this blue-chip address.

Whether held as a secure and rewarding investment or transformed into a magnificent residence, this property represents an outstanding opportunity to secure a piece of Hobart's history in a premium city-fringe location.

Explore the area

School catchments

Elizabeth College Secondary 11-12 Government 0.14km
Lambert School Combined 1-10 Independent 0.30km
St Mary's College Combined Prep-12 Catholic 0.59km
St Virgil's College - St Virgil's Junior School Primary Catholic 0.64km
Guilford Young College - Hobart Campus Secondary Catholic 0.65km
Campbell Street Primary School Primary K-6 Government 0.74km
Lansdowne Crescent Primary School Primary K-6 Government 0.82km
The Friends' School Combined Prep-12 Independent 0.91km
The Friends' School - Argyle Street Campus Combined Independent 0.97km
Goulburn Street Primary School Primary K-6 Government 1.2km
St Michael's Collegiate School Combined Prep-12 Independent 1.4km
Mount Stuart Primary School Primary K-6 Government 1.4km
St Michael's Collegiate School - Middle School Campus Combined Independent 1.4km
South Hobart Primary School Primary K-6 Government 1.7km
Albuera Street Primary School Primary K-6 Government 1.8km
St Michael's Collegiate School - Junior School Campus Primary Independent 1.9km
Sacred Heart College Combined Prep-10 Catholic 1.9km
Hobart City High School Secondary 7-12 Government 2.8km
Mount Carmel College Combined Prep-10 Catholic 3.0km
Hobart City High School Sub-Campus Secondary Government 3.1km
The Hutchins School Combined Prep-12 Independent 3.4km
Hilliard Christian School Combined Prep-10 Independent 3.5km
Rose Bay High School Secondary 7-10 Government 3.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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