Battery Point: ‘In Sydney you’d get 10 times the price’

Plonk this Hobart home on Sydney Harbour, and the ticket price would easily be an eye-watering $40 million, or more, according to Steve Yannarakis of St Andrews Real Estate.

The grand 1890s residence on a vast 1174sqm waterfront block at 68 Napolean St in Battery Point, is on the market with a price guide of about $4.7 million.

“Put it in Sydney and you’d be able to get more than 10 times that price,” he said of the coveted home with a 20m river frontage.

With its charming Victorian facade, extraordinary water views and unique positioning, it’s no surprise that the five-bedroom property was realestate.com.au ’s most clicked on listing in Tasmania and the ninth most popular in the country this week.

“It’s just such a rare opportunity, listings like this don’t come up very often. There are just 29 waterfront homes in Battery Point and only six have a private jetty like this one,” he said.

Even rarer is the addition of a slipway and a boat shed.

“It’s got the trifecta and maybe only one other home in Hobart has that,” he added.

Since the current owners bought the home in the 1990s, they have undertaken extensive renovations and additions to the historic Hobart property.

“No expense was spared at the time, it’s got everything,” Mr Yannarakis said.

Over three levels there are five large bedrooms, including three with ensuites, four bathrooms in total, multiple formal and casual living areas, a library, wine cellar and a contemporary dine in kitchen complete with an enviable water backdrop to ponder while doing the dishes.

The wow factor lies in the huge atrium style main lounge room which has enormous floor-to-ceiling picture windows to take in the panoramic views of the Derwent River, Short Beach, Errol Flynn Reserve and The Royal Yacht Club of Tasmania

Over the vast leafy grounds there are terraced gardens with established trees, manicured lawns plus private side and rear courtyards.

Mr Yannarakis said while the residence has a big double lock up garage, it is also walking distance from several amenities including Hampden Road Village, the Salamanca market place, Sandy Bay shops, Short Beach and The University of Tasmania campus.