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Charlotte Peterswald Property Management - Sandy Bay

444 Nelson Rd, Mount Nelson, Tas 7007

$1,190,000

House

Type

Bedrooms

Bathrooms

Parkings

1,016 m²

Area

Last updated on Wednesday, August 19, 2026 ( See property details for 444 Nelson Rd, Mount Nelson, Tas 7007)

$1,190,000

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment property in Mount Nelson offering two self-contained homes, a studio, and strong rental returns in a highly desirable location.

🏡 Property Highlights

Two fully self-contained homes on one title for versatile living or investment
Self-contained studio offering additional income potential
Strong gross rental yield of approximately 5.6%
Private rear lane access to the second house for added privacy
High rental demand in a sought-after location
Close proximity to local amenities, schools, and public transport

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area
Waterfront / Views
Secure Parking
Home Office / Study
Open-Plan Living
Extra Storage (Shed/Linen)
Pet-Friendly
Waterfront / Views

Suburb and Property Insights of Mount Nelson, TAS 7007

Mount Nelson is a highly sought-after suburb known for its scenic beauty, strong community vibe, and convenient access to Hobart CBD. It offers excellent local amenities, quality schools, and picturesque walking tracks, making it ideal for families and investors alike. The area boasts a mix of historic charm and modern convenience, ensuring long-term growth potential.

Frequently Asked Questions

What are the current rental yields and potential income streams for this property?

The property offers a combined rental estimate of approximately $1,315 per week, translating to a gross rental yield of about 5.6%, with income coming from two self-contained homes and a studio.

Is the property suitable for multi-generational living or as an investment?

Yes, the property’s dual homes and studio provide excellent flexibility for multi-generational living, rental income, or a combination of both.

What amenities and services are nearby?

The property is within walking distance to Mount Nelson General Store, local primary schools, public transport, the University of Tasmania, Hobart CBD, and local walking tracks.

Are there any restrictions or planning considerations for future development?

Details regarding planning restrictions or easements should be confirmed with local council; the property currently offers private rear lane access and multiple tenancy options.

What to ask about this property to agent?

Are there any hidden costs or ongoing maintenance expenses associated with the property? Has the property been inspected for structural issues or pests? Are there any zoning restrictions or easements affecting the property? Is the property compliant with all local building codes and regulations? Are there any planned developments or construction projects nearby that could impact the property? What are the strata or body corporate arrangements, if applicable? Is there any history of flooding, bushfire risk, or other environmental hazards? Are there any noise or neighbour-related concerns in the area? What are the terms of the current lease agreements, and are they transferable? Are there any restrictions on future modifications or extensions to the property?

444 Nelson Rd, Mount Nelson, Tas 7007 - More Details

$1,190,000

A standout investment opportunity in the heart of sought-after Mount Nelson, this unique property offers two separate homes plus a self-contained studio, delivering multiple income streams and an attractive 5.6% gross rental return.

Whether you're looking to expand your investment portfolio, accommodate extended family, or secure a property with exceptional flexibility, this is an opportunity that is rarely available.

Property Features:
* Two fully self-contained homes on one title
* Separate self-contained studio offering additional income potential
* Private rear lane access to second house
* Returning approximately 5.6% gross yield
* Multiple tenancy options for maximum flexibility
* Strong rental demand in a highly desirable location
* Ideal for investors, multi-generational families or those seeking a live-in, rent-out lifestyle
* 5 minutes walk to Mt Nelson General Store for great coffee and fresh food
* 8 minutes walk to local primary school
* Combined rental estimate $1315 per week

The property enjoys easy access to the University of Tasmania, Hobart CBD, Sandy Bay shopping precinct, excellent schools, public transport and local walking tracks.

Properties offering this level of versatility, strong returns and long-term growth potential are exceptionally hard to find.

Contact us today to arrange your private inspection and discover the possibilities at 444 Nelson Road, Mount Nelson.

Type: House
Bedrooms: 6
Bathrooms: 3
Parkings: 4
Area: 1,016 m²
House Size: 250 m²

Interactive Property Floorplan - 444 Nelson Rd, Mount Nelson, Tas 7007

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Map & nearby places — 444 Nelson Rd, Mount Nelson, Tas 7007

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444 Nelson Rd, Mount Nelson, Tas 7007

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