An unparalleled and rare opportunity to acquire a dual title holding in Hobart’s tightly held city precinct, comprising five luxurious self-contained apartments.
Cherished and enhanced over three decades, the adjoining titles include three premium apartments at 43 Molle Street and two at 47 Molle Street. Each living quarter is immaculately presented, featuring high-end fittings, furnishings and design elements tailored for elegant city living. The buildings and grounds are meticulous and maintained to the highest standard, offering a turn-key investment with immediate appeal.
Four apartments - known as Wellington, Pascoe, Fawkner and the Studio - are currently offered for short-term holiday rental via Hobart Cityscape and major booking platforms. The fifth apartment is an expansive three-bedroom, two-bathroom residence configured over two levels with private courtyard, upper balcony and covered entertaining area - ideal for further owner occupation or income generation.
The premium assets offer easy site access via two driveways off Molle Street with Right-of-Carriageway to each title. Onsite parking for four vehicles, common area parking space, the bonus of one street parking permit, plus ample public parking surrounding the address, offers exceptional convenience for you and your guests.
With adjoining titles, quality infrastructure, versatile usability and a proven income stream, the offering suits those seeking premium real estate with flexibility, instant earning capacity and growth potential.
These unique attributes elevate the long-term value of this rare CBD holding that now could be yours.
Key asset elements:
- Two adjoining freehold titles with flexible usability
- Four apartments fully furnished, and one partly furnished
- Configured with ten bedrooms and eight bathrooms
- Short-term holiday accommodation permit included
- Live-in and lease options for all quality apartments
- Excellent income producer and scope for growth
- Consolidation and expansion potential (STCA)
- Title area zone, 13.0 Urban Mix Use (TPS)
Please Note: An Information Memorandum is available, including price guide. The accommodation business, Hobart Cityscape Pty Ltd is also available for negotiation, conditions apply.
