1 Grace Street, Hamilton TAS 7140

Property Details: • Type: House

• Bedrooms: 5 • Bathrooms: 1

Description: Development opportunity or the ultimate creative project? You decide. Set on a substantial 2,431sqm level allotment across two titles, this property represents a blue-chip opportunity for developers, investors, and visionary renovators. Located within Hamiltonâs prestigious Heritage Precinct, this is your chance to secure a significant footprint in one of Tasmaniaâs most iconic colonial townships. The property: a blank canvas with infrastructure. The 160sqm (approx) dwelling, built in 1984 on the site of a former colonial home, offers a unique foundation for its next chapter. While the interior is in need of refurbishment-having been utilized in recent years as an artisanâs workshop and studio-the layout and infrastructure provide incredible versatility: ⢠Flexible layout: Three bedrooms plus two additional multi-purpose rooms-perfect for a large family home, professional studio space, or a dual-living conversion. ⢠Large shed: The property includes a substantial shed, providing immediate storage for building materials, or a dedicated space for a home-based trade ⢠Artisan ready: The property was rewired in 2011 with the addition of 3-phase power, specifically to support workshop equipment and high demand creative tools. ⢠Services connected: Mains water and sewer are already on-site. The land: Subdivide & conquer (STCA) Rarely do blocks of this scale become available in the Village Zone. With a level profile and existing dual titles, the potential for a boundary adjustment or subdivision (STCA) makes this a strategic land-banking play. The location: where history meets lifestyle Positioned directly across from the historic "Glen Clyde House" (c.1840s), you are surrounded by the charm of convict-built stone architecture and the serene River Clyde. ⢠Walk to everything: Moments from the 1826 Bar & Bistro, Auntie Vâs Cafe at the Hamilton Inn, and the local Post Office. ⢠The Best of both worlds: Enjoy the quiet, frontier spirit of a rural town while being just 30 minutes from New Norfolk and a comfortable 50-minute commute to Hobartâs Northern Suburbs. This is more than just a house; it is a high-yield project waiting for an astute buyer to unlock its true value. Key Features: ⢠Substantial 2,431sqm level block across two titles ⢠Large shed for workshop or storage needs ⢠Village Zone with sewer & mains water ⢠160sqm (approx) dwelling with 3-5 potential bedrooms ⢠Upgraded 3-Phase wiring (2011) ⢠Prime Heritage Precinct location The information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own investigations and seek independent verification of all details before entering into any agreement.