It takes a few million to buy a home in the top end of Hobart
TO get a foot in the door at the very tippy top of Hobart’s property market, about $3 million to $4 million-plus is what you will need.
When it settles in about one week, No.68 Napoleon Street in Battery Poi
nt will be Tasmania’s most expensive home sale of the year.
This grand five-bedroom 1890s residence is set on a 1174sqm waterfront block.
When it hit the market its price guide was in the $4 million-plus range.
St Andrews Estate Agents director Steve Yannarakis said the home had captured people’s imaginations.
He said it was crystal clear why the property was among the most viewed homes in the country.
“I would say this home has the best views that I have ever seen,” he said.
“It has water views from everywhere in the home and they are truly amazing, they will take your breath away.
“They span out wide, over 180 degrees, encompassing Mount Wellington, the Royal Yacht Club, Mount Nelson, Sandy Bay and Nutgrove Beach, right across to the Eastern Shore and down the river.”
There are less than 30 waterfront homes in Battery Point, which is Tasmania’s most exclusive and expensive suburb.
There are just six — including this one — that boast their own jetty.
Steve said being right on the water in Tasmania’s premier suburb was a luxury few properties could boast.
“This home ticks a lot of boxes, from its classical design to the enviable location,” he said.
Properties at this end of the market are a rare find.
“At the very top end of our market, homes like this are so thinly traded,” Steve said.
The next largest sale of the year so far is a stunning home that requires little introduction, the Grand Designs Australia showpiece at 62 Napoleon Street, Battery Point. It was sold for more than $4 million.
This cutting-edge masterpiece dream home by Maria Gigney Architects is known for its unmatched quality and design that combined a charming 1890s weatherboard cottage with a striking, industrial, modern waterfront addition.
In keeping with the theme of the top two homes, No.358 Sandy Bay Road combines contemporary design with classic architecture — in this case from the 1920s — and an enviable water’s-edge position.
The view from the kitchen and front deck of the yachts bobbing in the bay is a property lover’s dream come true.
Stylish and sophisticated, it should come as little surprise that this premium property was sold within two weeks of it hitting the market.
Rounding out the top five is a Hobart waterfront penthouse apartment and a historic homestead at Berriedale, which both sold for about $3 million.
The penthouse — owned by Australian cricketer James Faulkner — sits at the top of Zero Davey boasting spectacular views of Constitution Dock, the IXL Jam Factory, Macq 01 and the city and mountain.
It fetched $3.301 million.
The 1850-built Lowestoft overlooks the Moorilla vineyard and winery.
On 3ha of land, the property boasts River Derwent, Mount Direction and Mona views.
This prime example of Regency architecture is a showcase of symmetry and elegance.
TOP END OF TOWN
Tasmania’s biggest sales for 2019
68 Napoleon St, Battery Point TBC (St Andrews Estate Agents)
62 Napoleon St, Battery Point $4.15 million (Knight Frank)
358 Sandy Bay Rd, Sandy Bay $3.7m (St Andrews Estate Agents)
31/15 Hunter St, Hobart $3.301m (Knight Frank)
680 Main Rd, Berriedale $3m (Knight Frank)
Source: realestate.com.au and CoreLogic