250 Macquarie Street

Charmingly renovated to display its many period features along with contemporary lifestyle necessities this c1870 CBD fringe residence offers a myriad of opportunities to the savvy investor. Considered as a new build because of the amount of renovations completed the new owners would be able to take advantage of the incoming negative gearing tax advantages. The property offers the choice of a sophisticated inner city abode or with its short term accommodation permit with an average nightly rate estimate of $290-$330 the prospect to generate guaranteed income. Further enhancing the property is the prospect of purchasing the ground floor office space either as an investment or a combined residence and office. Flexibility is the feature of the home with up to four bedrooms or two living areas combined with state of the art bathrooms and a contemporary open plan kitchen dining living area flowing out to a private alfresco courtyard. Light filled rooms combine soaring ceilings with original picture windows and a modern lifestyle extension. Golden opportunity to secure a totally renovated residence within strolling distance to St Michaels Collegiate, the Hobart Rivulet, CBD and many of Hobarts major attractions.