2/4 Ellerslie Rd, Battery Point, TAS, 7004 - Apartment Sold on 07 07 2025

SoldJul 7, 2025

2/4 Ellerslie Rd, Battery Point, TAS, 7004

$520,000

52 m²

77 m²

Apartment

•

30+ days on the market

Sold: Jul 7, 2025

What's around 2/4 Ellerslie Rd

Exceptional Investment Opportunity in Prime Battery Point Location

Located on sought-after Ellerslie Road in Battery Point, this top-floor 1950s apartment offers a rare chance to secure a high-performing asset in one of Hobart's most tightly held suburbs. With panoramic views across the city and water, this one-bedroom unit is part of an exclusive complex of just six-ensuring long-term demand and solid capital growth potential. Key Investment Highlights: • Strong Rental Income: Currently leased at $500 per week until November 2025, delivering a gross yield of 5.2%. • Low Outgoings: Approximate annual expenses-Council Rates: $2,080 | Water: $800 | Body Corporate: Approx. $1022 • Secure, Long-Term Tenancy: Reliable tenant in place, ideal for investors seeking immediate and stable cash flow. • Future Growth Potential: Premium Battery Point location offers excellent prospects for capital appreciation and future rental increases. • Short-Term Rental Potential: STR appraisal available on request-ideal for maximizing returns in a high-tourism area. Property Features That Drive Tenant Appeal: • Light-filled living room with stunning views over Hobart and the Derwent River • Spacious bedroom with built-in robes • Functional kitchen with ample storage • Well-maintained bathroom with shower-over-bath layout • Secure 23 sqm ground-level storage room-rare at this price point • Off-street parking for one vehicle • Access to shared laundry, garden, and clothesline Unbeatable Location: Situated just moments from Salamanca Place, Battery Point Village, Hobart's CBD, and the waterfront precinct, this property is positioned in an area of consistently high rental demand-making it an ideal choice for both seasoned investors and SMSF buyers.

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Seller's review

9 months ago

Verified Review

Nick continues to deliver the goods

After using Nick for a previous sale, I continue to be really impressed with his responsiveness and also how well he treats both me as the Vendor but also works with the buyer and even the legal and conveyancing side to make the process as smooth as possible, despite some challenges that pop up way outside of Nicks control such as building defects etc.

Cameron

Seller