287 Park Street, New Town, TAS 7008

Benefiting from a freehold title (no strata fees) this classic red brick New Town cottage with off-street parking, set on sandstone foundations, presents a compelling investment opportunity in one of Hobart's most tightly held inner-city suburbs. Recently refreshed with new paint, flooring, custom joinery, and an updated switchboard, the home combines enduring character with practical upgrades that enhance tenant appeal. Energy-efficient LED lighting and multiple reverse-cycle air-conditioners further support low-maintenance, cost-effective ownership. The flexible floorplan features two generously sized bedrooms, a spacious living area, and an additional sunny room that could suit a home office. A recently renovated bathroom with level-floor walk-in shower adds modern functionality, broadening appeal across a wide tenant demographic. With strong inner-city demand and proven rental versatility, this is a high-quality asset positioned for consistent returns and long-term growth. - Public transport links practically at the property's front door - Located within the Hobart City hire-and-ride e-scooter zone - Recently renovated throughout, including paint, flooring, and custom joinery - Updated switchboard, energy-efficient LED lighting, and multiple reverse-cycle air-conditioners - Recently renovated bathroom with level-floor walk-in shower - Two versatile outdoor utility spaces: rear workshop with toilet, front lined shed perfect for a studio - Single vehicle off-street parking, with a large backyard suitable for additional parking - Low maintenance easy care yard and garden - Classic sandstone foundations and timeless red brick character - Outstanding inner-city location close to all conveniences and vibrant North Hobart Built: Circa 1916 Land zone: Inner residential Construction: Brick Roof: Colourbond Title: Freehold Heating and cooling: Reserve-Cycle AC Annual Hobart City Council Rates: $1,650 pa approximately Annual TasWater Rates: $1,000 pa approximately Rental return: $600 pw expiring June 2027 Freehold title: No body corporate or strata fees