Back 1 Grace Street
Off Market

1 Grace Street

Hamilton TAS 7140

5
1
160 sq.
2431 m²
House

Overview

Substantial Potential | Two Titles | Historic Heart of Hamilton

Development opportunity or the ultimate creative project? You decide. Set on a substantial 2,431sqm level allotment across two titles, this property represents a blue-chip opportunity for developers, investors, and visionary renovators. Located within Hamilton’s prestigious Heritage Precinct, this is your chance to secure a significant footprint in one of Tasmania’s most iconic colonial townships. The property: a blank canvas with infrastructure. The 160sqm (approx) dwelling, built in 1984 on the site of a former colonial home, offers a unique foundation for its next chapter. While the interior is in need of refurbishment-having been utilized in recent years as an artisan’s workshop and studio-the layout and infrastructure provide incredible versatility: • Flexible layout: Three bedrooms plus two additional multi-purpose rooms-perfect for a large family home, professional studio space, or a dual-living conversion. • Large shed: The property includes a substantial shed, providing immediate storage for building materials, or a dedicated space for a home-based trade • Artisan ready: The property was rewired in 2011 with the addition of 3-phase power, specifically to support workshop equipment and high demand creative tools. • Services connected: Mains water and sewer are already on-site. The land: Subdivide & conquer (STCA) Rarely do blocks of this scale become available in the Village Zone. With a level profile and existing dual titles, the potential for a boundary adjustment or subdivision (STCA) makes this a strategic land-banking play. The location: where history meets lifestyle Positioned directly across from the historic "Glen Clyde House" (c.1840s), you are surrounded by the charm of convict-built stone architecture and the serene River Clyde. • Walk to everything: Moments from the 1826 Bar & Bistro, Auntie V’s Cafe at the Hamilton Inn, and the local Post Office. • The Best of both worlds: Enjoy the quiet, frontier spirit of a rural town while being just 30 minutes from New Norfolk and a comfortable 50-minute commute to Hobart’s Northern Suburbs. This is more than just a house; it is a high-yield project waiting for an astute buyer to unlock its true value. Key Features: • Substantial 2,431sqm level block across two titles • Large shed for workshop or storage needs • Village Zone with sewer & mains water • 160sqm (approx) dwelling with 3-5 potential bedrooms • Upgraded 3-Phase wiring (2011) • Prime Heritage Precinct location The information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own investigations and seek independent verification of all details before entering into any agreement.

Features

5 bedrooms
1 bathroom
160 sq. floor area
2431 m² lot size
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Hamilton over the last 12 months.

Property history for 1 Grace Street

2026
Sold
Undisclosed
07 Apr 2026

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