‘Line of buyers’: Clarke Ave home sold for multimillion dollar sum

Sold: No.32 Clarke Ave, Battery Point. Picture: Supplied

Jarrad Bevan, Property Journalist | First published 9 Jun 2023, 6:00am | News Corp Australia Network

They don’t come along every day — or year — but when they do they make a splash.

No.32 Clark Ave, Battery Point has been sold in the mid-$2m range, the first sale in this coveted waterside location since May last year.

With only about 15 homes on the water side of the road, buying opportunities in this enclave are uncommon.

Property records show the most recent Clarke sales were at No.20, which fetched $5.45m in 2022; No.14 sold for $5.1m in 2021; and No.24 transacted at $4.55m in 2018.

No.32 Clarke Ave, Battery Point.

No.32 Clarke Ave, Battery Point.

St Andrews Estate Agents director Steve Yannarakis described Clarke Ave as one of Tasmania’s most desirable and exclusive neighbourhoods.

“Clarke Ave, Napoleon St, and parts of Sandy Bay Rd would be right up there with our most expensive areas, where beautiful homes fetch multimillion dollar prices,” he said.

“Waterfront in Clarke Ave is an area that is perennially attractive. There are always buyers for these homes, even in quiet markets.

“It is a rarefied atmosphere. To try to purchase something along the Clarke or Napoleon waterfront … it just doesn’t happen very often. There is a scarcity.

“And when something does hit the market, you tend to have a line of buyers for it.

“Some of these properties are held by a family across multiple generations.”

No.32 Clarke Ave, Battery Point.

No.32 Clarke Ave, Battery Point.

While certainly a beautiful home in a beautiful location, Mr Yannarakis said selling No.32 Clark was not without its challenges.

He said some potential buyers saw it as needing an extensive renovation.

“It is a home with an amazing story; only a handful of people have owned it since it was built in the 1800s, including a Tasmanian Premier, and the most recent owner who held it for six decades,” Mr Yannarakis said.

“Over the years, it has been a home of dignitaries.