2-2A Albuera Street

Positioned within one of Hobart's most tightly held historic precincts, this distinguished residence in Battery Point offers a rare combination of timeless character, flexible living, and proven investment performance. Originally constructed in 1930, the home beautifully preserves its period charm and architectural detail while incorporating thoughtful modern upgrades that enhance comfort and functionality. Set across two levels and configured as two self-contained dwellings, the property presents exceptional versatility for investors, multigenerational living, or those seeking supplementary income. The upper-level features a generous living and dining space filled with natural light, alongside a well-appointed kitchen updated with new benchtops and stovetop, abundant storage, a built-in bench seat perfectly positioned to enjoy the outlook, and a balcony overlooking the surrounding gardens and streetscape. Accommodation on the upper floor includes five bedrooms, one with built-in storage, with a flexible floorplan allowing for additional living zones if fewer bedrooms are required. The bathroom includes a shower and vanity with a separate powder room, with existing plumbing within the bathroom for an internal laundry. On the lower-ground-level, further laundry facilities are located. The ground floor offers a spacious and functional layout with two living areas and a separate dining room, all bathed in abundant light and warmth. The modern kitchen provides expansive bench space, generous storage, and quality appliances. Two bedrooms are located on this level, including one with built-in wardrobes, serviced by a contemporary bathroom, with a separate toilet, and space to accommodate laundry appliances. The lower-floor unit currently operates with an approved permit for AirBnB short-term accommodation, and enjoys consistently strong occupancy and returns, while the upper-level has been leased long-term, reinforcing the property's investment potential. The residence enjoys beautifully maintained, low-maintenance gardens that complement the home's character setting, with extensive landscaping and new fencing completed in 2022. A level, sun-drenched outdoor entertaining area overlooks manicured lawns, hedges, and blooming florals. The location delivers exceptional lifestyle convenience, within easy walking distance of the village of Battery Point, the shopping hub of Sandy Bay, the CBD and heart of Hobart the waterfront, and the cultural vibrancy of Salamanca Place. Beaches, cafes, boutique shopping, and excellent public transport options are all mere moments away. With endless potential as a proven investment property, or an expansive family home within a highly sought-after neighbourhood, this remarkable residence will appeal to those seeking unsurpassed comfort, convenience, and space with an enviable Battery Point address.