Back 342 Argyle Street
Off Market

342 Argyle Street

North Hobart TAS 7000

4
3
5
348 m²
Block of units
Steve YannarakisSteve Yannarakis, last sold this property on 22 July 2025 after 41 days on market.

Overview

DIVERSE INCOME, PROMINENT CORNER POSITION

Versatile mixed-use asset comprising three self-contained apartments and a fully leased restaurant occupied by the highly regarded 'Trophy Room' restaurant. Occupying a level, corner land holding within a popular and vibrant inner suburban setting, this well maintained and beautifully presented property, offers the incoming purchaser a range of options. 1. Continue the existing short-stay operation whereby Hosting Hobart manage all of the apartments on behalf of the owner, in addition to obtaining income from the fully lease restaurant. 2. Partially owner occupy the property, short-term lease the smaller self-contained apartments and continue receiving rents from the restaurant. 3. Consider long-term tenancies for all or some of the apartments whilst also continuing to receive rents from the restaurant. The property is superbly presented, comes fully furnished, has forward bookings and benefits from good offstreet parking including undercover parking beneath a carport. More detailed financial information can be supplied upon request. This represents a terrific opportunity to acquire a strong income producing property at an affordable price range within a highly desirable inner suburban setting, close to North Hobart shops, Friends School, and a short drive north of Hobart city Centre. Building area: 268m² approx Land area: 348m² approx Outgoings (approx): Council Rates: $8,186 p.a. Water Rates: $5,164 p.a. Land Tax: $3,566 p.a.

Features

4 bedrooms
3 bathrooms
5 carspaces
348 m² lot size
Block of units

Estimated Value

We need at least 3 similar 4 bedroom block of units sold in North Hobart over the last 12 months.

Property history for 342 Argyle Street

2025
Sold
Undisclosed
Private Sale/Treaty on 22 Jul 2025 by Steve Yannarakis, of St Andrews Estate Agents
2022
Sold
Undisclosed
Private Sale/Treaty on 31 Mar 2022 by Russell Yaxley, of View Real Estate Hobart

Happy sellers in North Hobart

80%
80% of sellers in North Hobart reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in North Hobart over the last 12 months.

Local market activity for 4 bedroom block of units in North Hobart

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