Back 423 Nelson Road
Off Market

423 Nelson Road

Mount Nelson TAS 7007

5
3
8
378 m²
1737 m²
House
Last sold for $1,275,000
Penny ConnorPenny Connor, last sold this property on 16 March 2026 after 112 days on market.

Overview

A Rare Mount Nelson Offering - Family Living, Income Potential & Exceptional Flexibility

Positioned in ever-popular Mount Nelson, this substantial 1980s brick and tile residence delivers an exceptional blend of space, character, and versatility enhanced by the rare inclusion of a second dwelling at the front of the property, securely leased until mid April 2026. Inside the main home, a generous sun-filled living room sets the tone, featuring raked ceilings, celestial windows, exposed brickwork, and warm timber accents. Comfort is assured year-round with a wood heater, heat pump, and ceiling fan. A dedicated study sits just off the lounge, along with a separate toilet, laundry, and access to a private outdoor atrium. Entertaining is effortless in the standout retro bar and entertainment zone, complete with exposed timber beams, leadlight features and a sunken lounge positioned around a striking stone fireplace. A separate dining room connects seamlessly with the main lounge, while the newly renovated white kitchen offers excellent cabinetry, a breakfast bar and abundant natural light. An adjoining casual living area flows directly to the backyard, providing another flexible family space. Timber stairs lead to the upper level, where two generous double bedrooms share a neat two-way bathroom. The main suite is a true retreat, offering a renovated ensuite-style bathroom with a separate bath and a large walk-in shower, along with a walk-in robe and an adjoining dressing room that could easily be converted into an additional bedroom if required. Outdoors, the lifestyle appeal continues with a fully fenced swimming pool and cabana, a large grassed area and an inviting paved entertaining space. There is also ample additional parking, with room for a boat or camper at the rear, along with a double garage positioned at the front of the home. Completing this remarkable package is the charming original 1920s timber home at the front of the property. Offering three bedrooms, a bathroom with a shower over the bath, a lounge, and a kitchen/dining area, it provides secure rental income through to mid April 2026 - perfect for ongoing investment, guest accommodation, or multigenerational living. Moments from local shops, quality schools, and public transport, and only 10 minutes to the CBD, this is a rare opportunity to secure a substantial property with huge potential, flexible living options and valuable additional income. A truly rare find in a tightly held location.

Features

5 bedrooms
3 bathrooms
8 carspaces
6 open car spaces
2 garage spaces
378 m² floor area
1737 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Mount Nelson over the last 12 months, the estimated median property value of 423 Nelson Road is $1.27m.

Median value
$1.27m
Estimated value range
$1.05m - $2.5m
Median days on market
64
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Nelson. 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 423 Nelson Road

2026
Sold
$1,275,000
16 Mar 2026 by Penny Connor, of EIS Property Hobart

Happy sellers in Mount Nelson

70%
70% of sellers in Mount Nelson reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 5 bedroom houses in Mount Nelson

In the last 12 months, 5 five-bedroom houses similar to 423 Nelson Road, have been sold.

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