Rare Dual-Income Opportunity in Blue-Chip South Hobart
Perfectly positioned on the city fringe, this beautifully updated property offers a rare chance to secure two character terraces on one title in one of Hobart's most tightly held locations. Ideal for investors, multi-generational living or buyers seeking strong passive income potential.
• Two renovated terraces on one title, individually metered
• Strong rental return potential with flexible income options
• Opportunity for visitor accommodation or future strata conversion (STCA)
• Each residence offers three spacious bedrooms and one bathroom
• Two off-street parking spaces plus separate freestanding shed
• Just 450m to the vibrant South Hobart village precinct
• Approx. 2.5km to Hobart CBD and close to UTAS
• Surrounded by popular cafés, local grocers, schools and transport
• High-demand location with exceptional long-term growth appeal
A versatile investment with lifestyle, location and income all in one.
Built: 1890
Constructions: Imitation Weatherboard
Zoned: Residential
Heating: Insulated, panel heater & heat pump
Other: Newly wired & plumbed
NBN Connection: Yes
Council Rates: Approx. $2,900 pa
Water Rates: Approx. $1,072 pa + usage (per unit)
Rental Rates: #54: Approx. $560pw & #56: Approx. $560pw
assignmentLooking for more information on 54 Wellesley Street?
Explore comparables, sales history and growth for this property.