231 Collins Street, Hobart, Tas 7000

Positioned within one of Hobart's most tightly held city-fringe precincts, 231 Collins Street presents a rare opportunity to combine sophisticated inner-city living with genuine flexibility. With mixed-use zoning, approval for visitor accommodation and a floorplan that allows different areas of the property to operate independently, this is a home that can adapt beautifully to the way its next owner chooses to live, work or invest.

Beyond its charming c1925 façade, the property unfolds across multiple levels, revealing an impressive and highly versatile interior. Whether enjoyed entirely as a private residence, configured to incorporate consulting or professional rooms, used for multigenerational living, or combined with visitor accommodation or a separately occupied space, the possibilities here are exceptional.

The main living level is centred around generous open-plan living and dining, complemented by a well-appointed kitchen and seamless connection to a large, private courtyard. Sheltered and wonderfully spacious, this outdoor area creates an inviting extension of the home for entertaining, dining or simply enjoying a quiet retreat in the heart of the city.

Upstairs, two substantial bedrooms provide a sense of privacy away from the main living areas. The impressive main suite features a walk-in wardrobe, oversized ensuite and direct access to a sunny private deck, while the second bedroom includes built-in robes and is serviced by a beautifully appointed main bathroom. A dedicated study nook and separate laundry add further practicality to this level.

It is the lower level, however, that introduces another dimension to the property. Privately positioned and incorporating a third bedroom, separate lounge, kitchenette and access to a third bathroom, this area can function independently from the main residence. It can be secured from the remainder of the home, while separate rear access allows the principal residence to continue to operate independently.

For an owner wanting to work from home, this creates exciting potential for consulting or professional rooms without compromising the privacy of the residence. Equally, the space lends itself beautifully to extended family, guests, older children or potentially a separately occupied area. Combined with the property's mixed-use zoning and existing approval for visitor accommodation, there is considerable flexibility to explore a variety of residential, commercial and income-producing uses, subject to any relevant approvals.

Importantly, there is no Owners Corporation, offering a level of independence rarely associated with a property of this style and location.

Comfort and quality have also been carefully considered. Double glazing, hydronic heating, solar panels and an electric vehicle charger enhance everyday efficiency, while the home's HIA award-winning design reflects the quality and attention to detail evident throughout.

A secure garage provides off-street parking, with an additional dedicated space directly in front. Two car spaces in total and an increasingly rare advantage this close to the city.

And then there is the location. The Hobart CBD, Salamanca Place, waterfront, restaurants, cafés, boutique shopping and cultural attractions are all within easy walking distance, creating an exceptional opportunity to live and work from one incredibly convenient address.

Sophisticated yet wonderfully adaptable, 231 Collins Street is far more than an inner-city residence. It is a property with the flexibility to evolve, a beautiful home, a place to run a business, an investment, approved visitor accommodation, or a combination of them all.

Heating: Hydronic heating throughout, 2 reverse-cycle airconditioners
Year built: 1925
Council rates: $3,640 per annum approx.
Fixed water rates: $1,189 per annum approx.
Rental estimate: $1000.00 - $1100.00 Per week.