Back 2/16 Ninabah Street
Off Market

2/16 Ninabah Street

Howrah TAS 7018

5
2
4
148 m²
179 m²
House
Last sold for $698,000
Joanna KingJoanna King, last sold this property on 16 March 2026 after 973 days on market.

Overview

Mixed-Use Property

Situated in a prime location in one of the most sought after suburbs in Howrah, is this fantastic property with 'mixed use' zoning for residential and business use with existing tenancies. Achieving a great income of $49,3660 p.a, it would suit a buyer wanting to owner occupy in whole or part, or continue to lease out as an investment. The property has had significant improvements and has 3 on-site parking spaces plus a single car garage. Close to shops, schools and only 10K from the Hobart CBD, this is a great investment opportunity and is one not to miss out on! • Rare investment opportunity, coveted 'mixed use' zoning • Shop front accompanied by an attached 2 bedroom unit • Cleverly designed to segregate residential & business • Recently renovated, new flooring & new double glazing • Currently tenanted, achieving gross rent of $49,366 pa • Business premises leased at $509pw till July 2028 • Business rental increase 5% annually • Residential premises leased at $440pw unit November 2026 • Convert to single residence, restaurant or office (STCA) • Low maintenance, level block adjacent Eastwood Park • Single car garage plus three off street parking spaces • Popular family suburb only 10km from the Hobart CBD • 10 minutes short walk to Howrah Beach Built: 1970 Construction: Brick Heating: Heat Pump Council Rates: Approx. $3782 pa Water Rates: Approx. $1000 pa + usage

Features

5 bedrooms
2 bathrooms
4 carspaces
3 open car spaces
1 garage space
148 m² floor area
179 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Howrah over the last 12 months, the estimated median property value of 2/16 Ninabah Street is $879.75k.

Median value
$879.75k
Estimated value range
$698k - $1.69m
Median days on market
51
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Howrah. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/16 Ninabah Street

2026
Sold
$698,000
16 Mar 2026 by Joanna King, of Petrusma Property - Hobart/ Sandy Bay
2019
Sold
$500,000
09 Sep 2019 by Joanna King, of Petrusma Property - Hobart/ Sandy Bay

Happy sellers in Howrah

85%
85% of sellers in Howrah reported that their sale price either exceeded or met their price expectations.

Howrah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 56 reviews in Howrah over the last 12 months.

Local market activity for 5 bedroom houses in Howrah

In the last 12 months, 5 five-bedroom houses similar to 2/16 Ninabah Street, have been sold.

This represents a 15% increase in five-bedroom houses sales when compared to the previous 12 months.

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