UNDER OFFER - Affordable Passive Investment Opportunity
DAVEY STREET FREEHOLD PROPERTY MIX - HOBART CITY
HOUSE & SHOP
Terrific location within close proximity to a strong growth medical, commercial and educational precinct this affordable property mix provides solid growth potential.
Consider this;
• Davey Street frontage in prominent high volume traffic area the property comprises a leased food shop and an adjoining older-style 3 bedroom house currently vacant but previously rented on separate tenancy arrangements;
• Originally built circa 1910 the shop has been updated while the house offers terrific potential for renovation or re-decoration for the purpose of re-letting to increase the rental level for passive income purposes; alternatively, live in the house and collect a rental income from the shop.
• Solid Brick construction measuring approximately 118m2 with total land size approx 330m2; separate house and shop entries off Davey Street and low maintenance front and rear garden areas;
• Planning Permit issued 2012 for change of use from office & shop to house and shop; explore the potential for this versatile property mix.
• Situated 5 minutes from the Hobart CBD in a sought-after location.
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