Offering immediate income and the security of a newly commenced tenancy at $460 per week, 1/8 Garden Grove is a straightforward, turnkey investment in a tightly held and consistently popular rental location.
Recently repainted and exceptionally tidy, the unit offers approximately 64 sqm of practical, low-maintenance living. The spacious lounge is filled with natural light and connects easily with the well-designed kitchen, which provides extensive cabinetry, generous bench space and an impressive outlook toward kunanyi / Mount Wellington.
Both bedrooms are comfortably proportioned, with substantial built-in wardrobes providing excellent storage. A neat, combined bathroom and laundry, additional internal storage and a dedicated covered carport complete a highly functional property that is easy for tenants to live in and simple for an owner to maintain.
Positioned close to the Moonah and Glenorchy shopping precincts, schools, services and public transport, with Hobart's CBD only a short commute away, the location continues to attract strong demand from tenants seeking convenience without inner-city rental prices.
Part of a tightly held complex currently under single ownership, the property is already leased, freshly presented and requires no immediate work. Affordable investments offering secure income, low upkeep and this level of convenience are increasingly difficult to find, making this an opportunity worth acting on quickly.
Heating : 1 x Electric fan forced panel heater
Council rates: $2050 pa approx.
Water rates: $1200 pa approx.
Rent: $460pw (current Lease till 19/6/27)
Strata Insurance: $840 pa approx. (no active body corporate)
