Back 1 Danina St
Off Market

1 Danina St

Chigwell TAS 7011

9
9
9
423 m²
2519 m²
Block of units
Last sold for $2,200,000
Natalie DowntonNatalie Downton, last sold this property on 22 October 2025 after 604 days on market.

Overview

NINE UNITS IN ONE PRIME LOCATION – EARNING $2,990.00 PER WEEK P/A $155,480 THAT'S OVER AN APPROXIMATE 7% YIELD!

Exceptional Investment Opportunity – Block of 9 units, all units street facing + further equity potential and opportunity to increase yields to get them all to market value. Unlock the potential for lucrative returns with this 9 unit complex, offered as a single investment package. Strategically positioned, 12km from the Hobart CBD and minutes to major shopping centres, services, conveniences with a bus stop at your front door, this property boasts 9 one-bedroom units designed for comfort and functionality. The spacious units all feature an open-plan layout encompassing kitchen, dining, and lounge areas, alongside a single bedroom with easy access to bathrooms. Enhancing the appeal of the complex, residents enjoy coded access to a communal outdoor garden area and the addition of their own private small yards. There are ample parking options available and each tenant has an allocated spot. Seize this outstanding chance to bolster your investment portfolio with this property positioned over three street frontages on a generous corner block. Currently generating an annual income of $154,440.00 with potential to increase rents to market value and/or growth by either renovating or creative ideas to increase rents. This prime property promises attractive returns. Situated so close to Hobart, it offers an enviable location for tenants and a profitable return for savvy investors along with continuous capital growth. Key Features: Land Size: 2519sqm (approx.) Three street frontages. All 9 units are street facing Fully tenanted Current yield over 7% (approx.) Ideal for Superannuation fund investment Nine (9) 1-bedroom units. Current Rental Income: $155,480 per annum (approx.) Usable communal outdoor space Conveniently located within a 12km to Hobart. A stone throw away from Iconic Mona Museum

Features

9 bedrooms
9 bathrooms
9 carspaces
9 open car spaces
423 m² floor area
2519 m² lot size
Block of units

Estimated Value

We need at least 3 similar 9 bedroom block of units sold in Chigwell over the last 12 months.

Property history for 1 Danina St

2025
Sold
$2,200,000
Private Sale/Treaty on 22 Oct 2025 by Natalie Downton, of Downton Property
2019
Sold
Undisclosed
Private Sale/Treaty on 14 Jan 2019 by Patrick Moane, of Moanes Northside Real Estate

Happy sellers in Chigwell

95%
95% of sellers in Chigwell reported that their sale price either exceeded or met their price expectations.

Chigwell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Chigwell over the last 12 months.

Local market activity for 9 bedroom block of units in Chigwell

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