39-41 Second Avenue, West Moonah, TAS, 7009

SoldMar 14, 2016

39-41 Second Avenue, West Moonah, TAS, 7009

$650,000

343 m²

1353 m²

Other

•

17 days on the market

Sold: Mar 14, 2016

What's around 39-41 Second Avenue

More than just a block of units.

This unique investment opportunity consists of a 5 bedroom house and 4 x 1 bedroom units, it's located in the fast growing suburb of West Moonah or as some say the new New Town. All tenants have leases in place with the rental income ranging between $140 and $350 per week, total rental income is currently $980 per week. I'm sure you will agree it's an easy investment to manage as all your properties are located on the one allotment. 2 of the 1 bedroom units have been tastefully renovated and all units are in good condition. They have spacious living areas, functional kitchens, built-ins in the bedrooms, combined bathroom/laundry and each have a small storage area. Sitting at the very top of the complex is a 5 bedroom house with a renovated bathroom, near new kitchen, great size living areas and access to a private roof top entertainment area with amazing views overlooking the suburbs all the way down to the river. Potential to add even more value by developing further dwellings on vacant land adjacent to the main building. A low maintenance investment. Gardens are easy to maintain Some car parking is available onsite. Major bus interchange and Moonah CBD are within a 5 minute walk Council and water rates approx: $4,000 per annum.

Looking for more information on 39-41 Second Avenue?

Explore comparables, sales history and growth for this property.

Learn more

Buyer's review

about 10 years ago

Verified Review

One of the best agents I have ever dealt with

Liv was the agent selling a block of units in West Moonah that I recently purchased. I found Liv to be one of the best agents I have ever dealt with. Liv was professional, approachable, efficient and disciplined in all interactions I had with her. She displayed excellent communication and negotiation skills and was always prompt and efficient in dealing with every aspect of the property purchase. She has fantastic local market knowledge and was always willing to go the extra mile, whatever the time, to facillitate the sale. I highly recommend her services and would make her my first agent of choice should I ever be wishing to sell property in the Hobart region.

Buyer