2/38 Oldham Ave

New Town TAS 7008

58 m²

70 m²

Unit

Currently for sale - view listing

Overview

3km to Hobart CBD

Positioned for convenience and long-term investment security, this solidly constructed ground floor unit presents an outstanding opportunity for investors seeking a low-maintenance asset in a highly accessible location. Built in 1972 from durable masonry brick, the property is one of just five units in a well-maintained complex, offering a sense of privacy and stability. The home features level access and a functional floorplan comprising a neat, well-presented kitchen, comfortable living area, a queen-sized bedroom with built-in robe, and a combined bathroom and laundry. Adding further appeal, the property includes a designated off-street car space and a separate storage room on title, providing practical everyday convenience. An active body corporate is in place to oversee the management and upkeep of the building and common grounds, ensuring the complex remains well presented. Currently tenanted at $385 per week until February 2027, the property offers immediate rental income and long-term tenancy security. Please note, vacant possession is not available prior to the end of the lease. Ideally located just minutes from the intercity cycleway, local hockey grounds, and the popular foreshore of Cornelian Bay, and only approximately 3km from the Hobart CBD, this is a prime position that continues to attract strong tenant demand. A smart addition to any investment portfolio, combining solid construction, a tightly held complex, and an exceptionally convenient location. Inspection by appointment, call today.