83-85 Tasma Street, North Hobart TAS 7000

Dual dwellings on single title | 1880 built character | tightly held inner-city precinct | versatile dual-income or consolidation project This property presents a competitively strong, rare configuration for North Hobart: two separate residences on a single, small lot. This creates immediate dual-income potential or a substantial single home, a versatile offering in a tightly held precinct where such subdivision opportunities are scarce. It serves investors and owner-occupiers seeking a multi-pathway project, with its high bedroom count and lack of development overlays simplifying use. The decision hinges on capitalising on its inherent flexibility. The primary risk is the undefined renovation scope for a 1880 build; budgets must assume systemic updates. The commercial logic is clear: secure dual rental streams now or consolidate into one large inner-city holding later. Acquire to hold long-term, exploiting its scarcity and location premium, with the option to unlock significant value through strategic capital improvement.