186 Warwick Street, West Hobart TAS 7000

Incorporating two spacious apartments spread over the upper and lower levels of a grand weatherboard residence, plus a separate workshop building currently under lease, this unique property is loaded with potential and represents an incredible opportunity to obtain a perfect inner-city position with a substantial residential and commercial package.

The impressive dimensions of the ground floor apartment immediately strike you. High ceilings and a spacious hallway, plus a large living room with bay window and a sunny kitchen that opens onto a timber-decked courtyard, all work to impart a sense of grandness. Original architraves and cornice work also combine to create a rich sense of its classic architectural character.
There are four double bedrooms, a tiled contemporary bathroom with spa and the convenience of a second toilet. Bathed in sunshine and set back from the road amid a low-maintenance garden, the apartment also features a deep, wrap around verandah. It is warm and welcoming and provides enormous potential to be developed into a stunning and luxurious main apartment.

The upper level apartment has a separate deck entrance on Hill Street. Generously proportioned and with a lovely outlook, it features a large living area and adjoining galley-style eat-in kitchen. There are two double bedrooms with built-ins, a renovated modern bathroom, plus a separate laundry with second toilet. It shares one of two off-street parking spaces that are allotted for both apartments.

The fully leased commercial building is a West Hobart institution, having successfully operated as an auto repair business for over forty years. A separate and unobtrusive single-level building, it could potentially accommodate a broad and flexible range of future uses however it presently enjoys an excellent long term tenant with a superb reputation on a 3 (to go) +5+5 lease.

With only a short walk to Lansdowne Crescent Primary School, Guilford Young College the gourmet delights of Hill Street Grocer, and the CBD, this is a truly rare property offering a great opportunity for the canny investor.