328 Murray Street, North Hobart TAS 7000

Perfectly positioned at the top of Murray Street in one of Hobart's most desirable and tightly held precincts, this substantial 1880s residence presents an exceptional opportunity in the heart of North Hobart.

Steeped in history and character, the home retains the charm of its heritage origins while offering outstanding versatility. Once a single grand residence, the property has been adapted into three self-contained flats, each generating a strong rental return. This configuration provides an excellent investment opportunity, with the option to maintain as a high-yielding asset or explore the potential to restore it to a remarkable family home. The property currently generates a gross weekly return of $1,195 per week.

Occupying a commanding position, the property enjoys an attractive street presence with its classic façade and period detail. Inside, the spacious interiors are defined by high ceilings, generous proportions, and original architectural features that speak to the home's 19th-century craftsmanship.

At the rear, a private and sizable yard provides valuable outdoor space, a rarity in this central location, offering both amenity and potential for further landscaping.

Situated only moments from the renowned North Hobart restaurant and café strip, and within walking distance of the Hobart CBD, this property offers unparalleled convenience. Nearby parks, schools, and public transport further enhance the appeal of this blue-chip address.

Whether held as a secure and rewarding investment or transformed into a magnificent residence, this property represents an outstanding opportunity to secure a piece of Hobart's history in a premium city-fringe location.