Boutique Investment or Home with multiple incomes 342 Argyle Street, NORTH HOBART TAS 7000
Property Detail
Property Description
Steeped in rich history, this iconic corner building dates back to the early 1900s and is a landmark on Argyle Street. Completely renovated and lovingly restored to the highest standards in 2018, 342 Argyle has been transformed into a multiple income stream investment.
Within the charm of North Hobart’s heritage district 342 Argyle is virtually a new building. Once a local green grocers and convenience store it now offers investment flexibility and security with a ground level commercial Asian restaurant / takeaway, upstairs north facing two-bedroom apartment and two studio apartments
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All three stylish apartments have been stunningly renovated, complete with all modern touches and conveniences. Each with beautiful timber floors, striking window features, Spanish floor tiles, stylish kitchens, laundries and bathrooms. Three off street parking spaces complete the picture.
The spacious and sunny two bedroom has been used by current owners as their city residence and visitor accommodation with the two studios solidly booked; all three can easily be switched to longer term rentals in North Hobart’s very tight market.
This is a premium property with a long-term lease and option in place for the ground level commercial and multiple options for the three apartments; rentals, visitor accommodation or use one as your home or city pad within 500m of the North Hobart entertainment strip.
With easy access to all Hobart has to offer, the CBD, historic waterfront and Salamanca plus much more and just a short walk from North Hobart’s popular entertainment strip with its cafes, pubs, restaurants and the famous State Cinema.
A rare and exceptional opportunity within the tightly held North Hobart market.
NOTE: Viewing this Saturday, please enter via the Yardley Street entrance.
We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
