4/1 Burnett Street, North Hobart, Tas 7000

A One-of-a-Kind Investment Opportunity in Hobart: Luxury Living at 1 Burnett Street

Introducing 1 Burnett Street-an expansive, luxury residence that sets a new standard in Hobart's real estate market. Combining superior construction, innovative design, and an unbeatable location, this residence presents a rare investment opportunity with both exceptional rental income potential and long-term capital growth.

With an average price of under $10,000 per square meter for living space, this development offers an unmatched quality-to-value ratio. High-end construction at this price point is unparalleled in the city, ensuring strong long-term capital appreciation.

Prime Location for High Demand: located in the vibrant North Hobart district, just 1.6 km from the CBD and a short walk from Hobart's dynamic food and wine scene, this property is poised to attract high-quality tenants and short-term guests.

Attractive Rental Yield: With a rental appraisal of approximately $1,250 per week, this property provides a stable and consistent income stream. Its premium features and sought-after location ensure strong demand from long-term tenants.

Profitable Short-Term Stay Potential: Investors can maximize returns with the potential for up to $88,000 per annum in short-term accommodation revenue, catering to the thriving tourism sector and demand for high-end rentals in Hobart.

- Three spacious bedrooms featuring luxurious ensuite bathrooms with microcement finishes, offering high-end living for premium tenants.
- A chef's dream with a stunning curved stone island bench, brass tapware, top-of-the-line AEG appliances, and a butler's pantry with an additional AEG dishwasher
- State-of-the-Art Home Automation: Fully integrated Control4 home automation ensures a seamless, modern living experience, with keyless entry, CCTV surveillance, and remote-control privacy and security blinds.
- Energy Efficiency & Comfort: With hydronically heated floors across both levels and Daikin reverse cycle heating and cooling, this property promises year-round comfort for tenants while keeping energy costs in check.
- The spacious home office and expansive 88m² underground basement offer endless possibilities-ideal for a home business, gym, or additional storage space.
- Underground side-by-side secure garage parking

Body Corporate Fees: Approx. $2,000 per annum
Rental Appraisal: Approx. $1,250 per week
Short Stay Potential: Estimated annual income potential of $88,000