Back 36 Mellifont Street
Off Market

36 Mellifont Street

West Hobart TAS 7000

8
4
4
73 m²
539 m²
House
Last sold for $1,450,000
Tay SmookTay Smook, last sold this property on 06 July 2025 after 61 days on market.

Overview

City fringe investment opportunity

Positioned within the sought-after suburb of West Hobart, this solid brick property built in 1915 presents an exceptional opportunity for astute investors looking to expand their property portfolio. Comprising four units on one title, this well-maintained block offers strong rental returns and long-term growth potential just moments from North Hobart and Hobart's CBD. Set across two levels, the property features two units on the lower level and two on the upper level, each offering a functional layout with two bedrooms and one bathroom. Unit 2 has recently been upgraded with new floor coverings and freshly painted interiors and is currently being advertised for lease at $450 per week. With reliable tenants in place and lease terms extending between August 2025 and April 2026, the property delivers immediate rental income and a projected gross rental yield of approximately 5.5%. Additional features include off-street parking for each unit, a communal rear garden for shared enjoyment, and a location that continues to experience high demand from both tenants and investors alike. This is an exciting and rare chance to secure a multi-unit holding in one of Hobart's most tightly held suburbs—ideal for investors seeking strong rental performance and future capital growth.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 open car spaces
73 m² floor area
539 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in West Hobart over the last 12 months.

Property history for 36 Mellifont Street

2025
Sold
$1,450,000
06 Jul 2025 by Tay Smook, of Elders Tasmania

Happy sellers in West Hobart

79%
79% of sellers in West Hobart reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in West Hobart over the last 12 months.

Local market activity for 8 bedroom houses in West Hobart

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