Rare heritage home hits market for first time in 50 years

No.454 Elizabeth St, North Hobart. Picture: Supplied

Arcadie has been a family’s home for many decades, but the time has come for a change.

This superb example of Arts and Crafts architecture was purchased by the current family in 1971 and is described by Elders Tasmania agent Abi Freeman as a “truly special property”.

Mrs Freeman said it is rich in architectural history, and brimming with period features that have been lovingly maintained.

“The property is immaculately presented, highlighting its heritage features throughout,” she said.

“The traditionalist will fall in love with the property’s Federation design, timber panelling, high ceilings, ornate fireplaces, leadlight windows, and picture rails to name a few.”

The property’s position is enviable.

It is a two-minute drive from North Hobart’s State Cinema, shops and restaurants. And less than 10 minutes drive into the heart of the city or the waterfront precinct.

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No.454 Elizabeth St, North Hobart.

No.454 Elizabeth St, North Hobart.

No.454 Elizabeth St, North Hobart.

And while many inner-city properties in North Hobart and surrounding areas feature small to medium-sized blocks of land, Arcadie is the opposite.

“Over 3000sq m of land, positioned in such a central location, is a very rare offering — there are few properties of this nature left, not just in Hobart but any capital city in the country,” Mrs Freeman said.

“More than just a large block and beautiful gardens, it also has a separate right of carriageway starting at Elizabeth St, allowing direct access to the rear of the property.”

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Arcadie dates back to 1924 and was designed by esteemed Hobart architect Bernard Walker.

Exemplifying Walker’s signature Federation style with Arts and Crafts influences, the residence showcases timeless design, superior craftsmanship and the enduring use of fine local materials throughout the sandstone and red brick construction.

No.454 Elizabeth St, North Hobart.

No.454 Elizabeth St, North Hobart.

Lovingly held by the same family for over 50 years — and most recently by Walker’s own son and daughter-in-law — Arcadie has been carefully preserved, with exquisite original features retained throughout.

Entry into the historic home is via a grand entry foyer, accessed from the front veranda.

This fabulous space immediately sets a tone of elegance that is carried throughout the home’s two expansive levels.

The ground floor is dedicated to refined living and entertaining, offering a series of gracious reception rooms, including a generously proportioned living room, a formal dining room, a charming sitting room, a sunroom bathed in natural light, and the family kitchen.

Practicality is also well considered, with laundry facilities, a storage room, and a bathroom completing this level.

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No.454 Elizabeth St, North Hobart.

No.454 Elizabeth St, North Hobart.

The staircase ascends to the upper level, where a grand primary bedroom suite is a private retreat with direct access to a sunroom with water views and an adjoining study or nursery.

There are three more well-proportioned bedrooms and a central family bathroom on this level, ensuring ample accommodation for family and guests.

Alongside the home’s period flourishes, modern enhancements include an electric fireplace in the dining room and central heating ensure year-round comfort.

The established grounds are enchanting, with a canopy of mature fruit trees, lawns proven to host many a backyard cricket match, and a gazebo providing a picturesque setting for outdoor entertaining.

A garage, garden shed and workshop further enhance the property’s amenity.

No.454 Elizabeth St, North Hobart.

No.454 Elizabeth St, North Hobart.

With flexible urban mixed-use zoning, the property presents as a substantial family home of rare pedigree, while also affording scope for a range of alternative commercial uses, subdivision, or development, subject to Council approval.

Whether treasured as a generational residence or reimagined for new possibilities, Arcadie stands as one of Hobart’s most notable heritage residences taken to market, in this sought-after location, for quite some time.

Positioned just moments from The Friends’ School and other excellent schools, Hill Street Grocer, the vibrant North Hobart cafe and dining strip, this coveted address promises an unrivalled lifestyle of convenience and charm.

No.454 Elizabeth St, North Hobart.

No.454 Elizabeth St, North Hobart.

Mrs Freeman said the property provides a rare opportunity to acquire a substantial holding and become the next custodian of Arcadie, carrying forward its rich heritage and cherished memories.

“It is a property that will appeal to a range of high-end buyers, from architectural and heritage home lovers, through to families looking to move into a premium residence,” she said.

“Arcadie offers something very special, a chance to own a piece of Hobart’s history combined with an extraordinary parcel of land.

“Opportunities like this don’t come around often, which is why this North Hobart gem is attracting attention as an heirloom property.”

Elders Commercial agent George Burbury said the property’s flexible Urban Mixed Use zoning offers scope for boutique consulting rooms, office or medical accommodation (STCA).

“The substantial 3280sq m allotment presents a compelling opportunity for medium-density residential development just a short drive from Hobart’s CBD,” he said.

“Positioned just 400m from the North Hobart restaurant strip, this site is ideally located to capitalise on the vibrancy of the city fringe commercial precinct.”

No.454 Elizabeth St, North Hobart is listed with Elders Tasmania at “Offers over $2.45m”.

The post Rare heritage home hits market for first time in 50 years appeared first on realestate.com.au.

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