PROPERTY SUMMARY
Property Talk
Located in an elevated South Hobart position, moments from the historic Cascade Brewery precinct, 1/31 Hillborough Road presents a rare and refined dual income opportunity, commanding sweeping views across the valley toward Kunanyi / Mount Wellington and out to the city skyline and River Derwent. Comprising two fully self contained one bedroom, one bathroom residences under the one roof, each with its own kitchen, bathroom, laundry and private entry, this is an offering of genuine flexibility and enduring appeal.
The upper residence is accessed via a private external staircase, opening into a light filled living and dining space framed by a striking frosted glass window. The kitchen makes a bold statement with a vivid orange feature wall, while the window above the sink delivers an uninterrupted outlook to Kunanyi / Mount Wellington. The bedroom offers a peaceful retreat with plantation shutters, a ceiling fan and built in wardrobing, while the bathroom is concealed behind a dramatic black barn style sliding door and finished with a rain shower and timber topped vanity.
The lower residence carries its own distinct character, anchored by a striking graffiti glass splashback kitchen with timber benchtop and an inviting living space clad in raw OSB panelling with a window seat framing the bush clad hills beyond. The bedroom is well appointed with built in sliding storage and a versatile desk nook, complemented by an ensuite style bathroom finished with a floating vanity, terrazzo splashback and integrated laundry.
For the astute investor, this is a rare opportunity to secure two independent rental incomes from the one title, subject to the usual approvals. For the owner occupier, the configuration lends itself beautifully to multigenerational living, or the flexibility to occupy one residence while the other helps offset the mortgage.
Set among established gardens with a generous lawn and sweeping valley views, this is an address that delivers both lifestyle and long term financial reward in one of Hobart’s most desirable enclaves, only minutes from South Hobart village and the CBD.
Thinking of selling your home?
Contact me, Natalie Downton, a 4-time winner of Number 1 Sales Agent in Australia. With a proven track record of success, unparalleled local knowledge and a passion for achieving outstanding results. Reach out today to discuss how I can assist in getting the best possible outcome for your property.
