22/34 Patrick Street, Hobart TAS 7000

Near-new city views | oversized bedrooms | designer Miele kitchen | vibrant walkable midtown This near-new unit offers a competitively rare configuration for its precinct, combining oversized bedrooms and high-spec finishes like underfloor heating and integrated Miele appliances in a low-density, secure building. Its easterly aspect and expansive city views are permanently protected, serving a buyer seeking a premium, low-maintenance residence with immediate walkability to Hobart’s cultural and dining hubs. The property is strongest for an owner-occupier valuing design and location over land, or an investor targeting professional tenants. Decision hinges on the heritage overlay, which may constrain future alterations, and the price premium for a 2024 build in a suburb without direct comparable sales. The estimated rental range supports the valuation, but the lack of recent comparable sales in the building introduces pricing risk. Proceed with a conditional offer, using a valuation to anchor the premium for newness, as a buy-and-hold for capital stability over short-term yield.