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444 Nelson Rd

Mount Nelson TAS 7007

5
3
4
250 m²
1016 m²
House
Currently for sale - view listing

Overview

Rare Dual-Income Opportunity with Studio 5.6% Gross Return

A standout investment opportunity in the heart of sought-after Mount Nelson, this unique property offers two separate homes plus a self-contained studio, delivering multiple income streams and an attractive 5.6% gross rental return. Whether you're looking to expand your investment portfolio, accommodate extended family, or secure a property with exceptional flexibility, this is an opportunity that is rarely available. Property Features: * Two fully self-contained homes on one title * Separate self-contained studio offering additional income potential * Private rear lane access to second house * Returning approximately 5.6% gross yield * Multiple tenancy options for maximum flexibility * Strong rental demand in a highly desirable location * Ideal for investors, multi-generational families or those seeking a live-in, rent-out lifestyle * 5 minutes walk to Mt Nelson General Store for great coffee and fresh food * 8 minutes walk to local primary school * Combined rental estimate $1315 per week The property enjoys easy access to the University of Tasmania, Hobart CBD, Sandy Bay shopping precinct, excellent schools, public transport and local walking tracks. Properties offering this level of versatility, strong returns and long-term growth potential are exceptionally hard to find. Contact us today to arrange your private inspection and discover the possibilities at 444 Nelson Road, Mount Nelson.

Features

5 bedrooms
3 bathrooms
4 carspaces
250 m² floor area
1016 m² lot size
House

Property history for 444 Nelson Rd

2017
Rented
Undisclosed
Leased on 30 Nov 2017 by CPPM Property Management and Sales

Happy sellers in Mount Nelson

67%
67% of sellers in Mount Nelson reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in Mount Nelson over the last 12 months.

Local market activity for 5 bedroom houses in Mount Nelson

In the last 12 months, 5 five-bedroom houses similar to 444 Nelson Rd, have been sold.

This represents a 29% increase in five-bedroom houses sales when compared to the previous 12 months.

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