52 Knocklofty Terrace

Commanding an elevated position in one of West Hobart's most desirable streets, 52 Knocklofty Terrace showcases sweeping views across the Hobart cityscape, the River Derwent and the harbour beyond. Bathed in natural light and enjoying a sunny aspect, this beautifully renovated property offers an exceptional combination of lifestyle, flexibility and income potential, just minutes from the CBD. Thoughtfully updated to a high standard, the main residence comprises three generous bedrooms and a stylish central bathroom, complemented by light-filled living spaces designed to capture the spectacular outlook. Large windows frame the ever-changing vistas, while the elevated position ensures privacy, warmth and all-day sun. The interiors strike a perfect balance between contemporary comfort and timeless appeal, creating a welcoming home ready to enjoy. Beneath the main residence, a fully self-contained two-bedroom, one-bathroom flat provides genuine dual-living capability. Renovated with the same care and attention to detail, this space offers excellent rental income potential, private accommodation for extended family, or the flexibility to live in one residence while leasing the other. It is a true second dwelling that enhances both lifestyle and investment appeal. The exterior grounds have been thoughtfully landscaped to complement the home's elevated setting. Sandstone entry steps create an inviting arrival, leading through beautifully arranged garden beds and established plantings that soften the façade and enhance privacy. The mature gardens provide a sense of sanctuary while remaining low-maintenance, offering attractive greenery year-round and additional outdoor spaces to relax and enjoy the sunshine. Adding further value is the opportunity for future development. The property previously held Development Approval for an additional studio in the garden (STCA), opening the door to further income generation, a dedicated home office, creative studio or guest accommodation. The generous site and premium location make this an exciting prospect for those looking to capitalise further. Positioned in tightly held West Hobart, you are moments from local village shops, cafes, quality schools and walking tracks in Knocklofty Reserve, with North Hobart's renowned dining precinct and the Hobart CBD only minutes away. Elevated, sunny and superbly located, 52 Knocklofty Terrace presents a rare opportunity to secure a versatile, high-quality property in one of Hobart's most sought-after neighbourhoods. A compelling offering of views, income and future potential all in a blue-chip setting. Year built: 1925 House size: 205sqm Land size: 611sqm Council rates: $3,000 per annum approx Water rates: $1,800 per annum approx #findhomewithus