* More Photos to Come *
Whether you're searching for your first home or a smart investment with future upside, this versatile property presents an outstanding opportunity. Currently leased until the end of November 2026 at $490 per week, it offers immediate rental income for investors.
A current rental appraisal indicates the property has the potential to achieve approximately $550 per week in the current market, presenting an attractive opportunity for investors seeking strong rental returns. With the existing tenancy providing immediate income and the prospect of increased rental yield in the future, this property offers an appealing combination of cash flow and long term investment potential.
Positioned in a quiet cul de sac with views across the Derwent River, the property also offers the potential to strata title and construct an additional unit at the rear, subject to the relevant approvals.
Inside, the home offers comfortable, easy care living with a light filled open plan living and dining area that flows through to the kitchen. The generous backyard provides plenty of room to enjoy now while offering exciting future possibilities. Conveniently located close to schools, shopping centres, public transport and only minutes from Hobart's CBD, this is a property that delivers lifestyle, investment security and long-term potential.
• Currently leased until the end of November 2026 at $490 per week
• Ideal investment with immediate rental return
• Potential to strata title and build an additional unit, STCA
• Beautiful views towards kunanyi / Mount Wellington
• Open plan living and dining area
• Quiet cul de sac location
• Generous backyard with future potential
• Close to schools, shops, public transport and Hobart CBD
Year Built: 1988
Construction: Brick
Annual Water Rates: $1,500 approx.
Annual Council Rates: $1,500 approx.
