Roll up your sleeves and reap the rewards! This 1950s brick beauty is ready for the right buyer to add value and unlock its full potential.
Located just under seven kilometres from Hobart's city centre, the home is currently configured as two self-contained flats and both are now vacant, giving you a free hand to move straight in or rent out. The one-bedroom flat was recently let at $320 per week, and when both are tenanted the property has the capacity to generate around $720 per week representing a strong rent yield once improvements are finished.
The current owners have updated the home with fresh paint, new floor coverings, and modern kitchens and bathrooms, giving it a bright and contemporary look. A few finishing touches are still required, making this an ideal project for anyone handy - especially tradespeople who can add their own polish and reap the rewards.
Whether you live in one flat and rent the other for mortgage relief, keep it as a dual-income investment, or convert it back into a spacious fam
