Currently tenanted on a month-to-month lease at $530 per week, this property already offers immediate income and proven rental performance. A recent rental appraisal of $600 $625 per week further highlights the strong demand for quality homes in this area, reinforcing its appeal to investors seeking reliable, low-maintenance assets close to Hobart's CBD.
Set on a level, sun-filled 736 sqm block in one of Lutana's most convenient pockets, this solid red-brick home presents as a secure, low-maintenance investment with immediate tenant appeal and excellent long-term potential. Its classic construction, generous proportions, and superb location near key transport routes make it an attractive opportunity for investors seeking well-positioned, reliable assets close to Hobart's CBD.
Inside, the home is light, practical, and well maintained, with a bright open living and dining area framed by large corner windows capturing natural light and views of kunanyi / Mount Wellington. The solid brick construction and Tasmanian oak flooring speak to enduring quality, while the functional kitchen, separate laundry with second toilet, and three comfortable bedrooms offer a smart, renter-friendly layout that performs well in the current rental market.
The property sits proudly on a level, fully fenced block with established lawns, garden beds, and excellent side access to a single garage, workshop and storage sheds all highly desirable features for tenants and investors alike. With a light internal refresh or minor cosmetic upgrades, the home could easily achieve an even stronger rental yield or resale outcome while remaining exceptionally low-maintenance.
Located within minutes of Moonah's cafés, retail and services, and less than ten minutes from the Hobart CBD, the property occupies a tightly held growth corridor that continues to show consistent demand from local and interstate renters. Demand from tenants looking to secure these solid, well-built homes has also increased noticeably, reinforcing their strong performance as investment assets across the LutanaMoonah corridor.
Given current demand within our investor network, this property is being released off-market exclusively to qualified buyers before any public campaign. Early access provides the opportunity to secure a strong-performing asset in a high-demand location, with flexible inspection options available for interstate purchasers.
Please note: The photographs used in this brochure are from previous online listings and may not reflect the property's current presentation. Inspections whether in person, through a local representative, or via live video call are strongly recommended to confirm condition and suitability prior to purchase.
Heating: Reverse cycle air-conditioner
Year built: 1953
Council rates: $1540 pa approx.
Fixed water rates: $1000 pa approx.
Rental estimate: $600 -$625 per week
Currently Tenanted: Month to month at $530 per week
