287 Park Street

This classic red brick New Town cottage, set on sandstone foundations, presents a compelling investment opportunity in one of Hobart's most tightly held inner-city suburbs. Recently refreshed with new paint, flooring, custom joinery, and an updated switchboard, the home combines enduring character with practical upgrades that enhance tenant appeal and reduce capital outlay. Energy-efficient LED lighting and multiple reverse-cycle air-conditioners further support low-maintenance, cost-effective ownership. The flexible floorplan features two generously sized bedrooms, a spacious living area, and an additional sunny room that could suit a home office. A recently renovated bathroom with level-floor walk-in shower adds modern functionality, broadening appeal across a wide tenant demographic. With strong inner-city demand and proven rental versatility, this is a high-quality asset positioned for consistent returns and long-term growth. - Public transport links practically at the property's front door - Located within the Hobart City hire-and-ride e-scooter zone - Recently renovated throughout, including paint, flooring, and custom joinery - Updated switchboard, energy-efficient LED lighting, and multiple reverse-cycle air-conditioners - Recently renovated bathroom with level-floor walk-in shower - Two versatile outdoor utility spaces: rear workshop with toilet, front lined shed perfect for a studio - Single vehicle off-street parking, with a large backyard suitable for additional parking - Low maintenance easy care yard and garden - Classic sandstone foundations and timeless red brick character - Outstanding inner-city location close to all conveniences and vibrant North Hobart Built: Circa 1916 Land zone: Inner residential Construction: Brick Roof: Colourbond Title: Freehold Heating and cooling: Reserve-Cycle AC Annual Hobart City Council Rates: $1,650 pa approximately Annual TasWater Rates: $1,000 pa approximately Likely rental return: $550 pw