185 Bathurst Street, West Hobart TAS 7000

Heritage character with modern updates | 5-bedroom layout rare for 217sqm block | Walk to CBD and schools | Courtyard and balcony add usable outdoor space This property offers a rare combination of a five-bedroom footprint on a compact 217sqm parcel, which is competitively strong in West Hobart where larger family homes are scarce. The 1887 heritage shell has been updated with a renovated kitchen, multiple living zones, and a sunroom opening to a private courtyard-features that typically command a premium among buyers seeking character without the full renovation burden. It serves best for owner-occupiers wanting immediate move-in condition with room for a home office or family, rather than investors chasing yield, as the rental estimate of $910 per week is modest relative to the $1.27 million valuation. The principal risk is the small land area, which limits future subdivision or significant extension potential, and the price point may test market appetite given recent sales history. However, the location at the edge of Hobart’s CBD with good school access supports long-term value retention, and the FTTP connection is a practical bonus. Hold this property as a primary residence to capture lifestyle and capital growth, avoiding short-term resale.