Back 128A Augusta Road
Off Market

128A Augusta Road

Lenah Valley TAS 7008

14
5
3
684 m²
1019 m²
House
Todd StevensonTodd Stevenson, last sold this property on 01 March 2026 after 102 days on market.

Overview

Outstanding investment opportunity - 10 year lease

Elders is pleased to present an outstanding investment opportunity to the market comprising 128a Augusta Road and 2 Haig Street, Lenah Valley. These two properties are available for purchase individually or as a combined portfolio and will be sold subject to a secure 10-year leaseback to Hobart City Mission. Purpose-built and redeveloped to meet accessibility requirements, both properties are utilised for supported independent living, featuring level access, lifts, handrails, wide doorways, and fully accessible amenities. * Situated in the highly sought-after residential suburb of Lenah Valley, 4* km north-west of Hobart CBD. * Exceptional convenience, just 100* metres from Lenah Valley's village precinct, offering a range of local amenities including grocery store, pharmacy, newsagent, bakery, cafés, and service station. * Secure 10-year leaseback to Hobart City Mission, commencing at $60,000 pa per property with annual rent increases to the greater of 3% or CPI. * Set and forget, low-maintenance investment – tenant responsible for all outgoings * Hobart City Mission is a well-established charitable organisation, serving Tasmania since 1852. * 128a Augusta Road contains 6 bedrooms and 3 bathrooms with a building area of 230 sqm* whilst 2 Haig Street has 8 bedrooms 2 bathrooms plus a powder room and has a building area of 264 sqm*.

Features

14 bedrooms
5 bathrooms
3 carspaces
1 carport space
2 open car spaces
684 m² floor area
1019 m² lot size
House

Estimated Value

We need at least 3 similar 14 bedroom houses sold in Lenah Valley over the last 12 months.

Property history for 128A Augusta Road

2026
Sold
Undisclosed
01 Mar 2026 by Todd Stevenson, of Elders Tasmania

Happy sellers in Lenah Valley

75%
75% of sellers in Lenah Valley reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 27 reviews in Lenah Valley over the last 12 months.

Local market activity for 14 bedroom houses in Lenah Valley

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