54-56 Wellesley Street

Perfectly positioned on the city fringe, this beautifully updated property offers a rare chance to secure two character terraces on one title in one of Hobart's most tightly held locations. Ideal for investors, multi-generational living or buyers seeking strong passive income potential. Two renovated terraces on one title, individually metered Strong rental return potential with flexible income options Opportunity for visitor accommodation or future strata conversion (STCA) Each residence offers three spacious bedrooms and one bathroom Two off-street parking spaces plus separate freestanding shed Just 450m to the vibrant South Hobart village precinct Approx. 2.5km to Hobart CBD and close to UTAS Surrounded by popular cafés, local grocers, schools and transport High-demand location with exceptional long-term growth appeal A versatile investment with lifestyle, location and income all in one. Built: 1890 Constructions: Imitation Weatherboard Zoned: Residential Heating: Insulated, panel heater & heat pump Other: Newly wired & plumbed NBN Connection: Yes Council Rates: Approx. $2,900 pa Water Rates: Approx. $1,072 pa + usage (per unit) Rental Rates: #54: Approx. $560pw & #56: Approx. $560pw