Strata title potential (STCA).
Conveniently located in the Popular suburb of South Hobart sits this 1915 built home with triple glazed windows offering peace and quiet from the busy Davey Street traffic. The property has a strong rental history and produces $1250 per week in rent.
This is a great opportunity to secure a long-term investment, with the property currently partially tenanted providing options for a new owner to move in if required.
The property consists of a large home with flexible floor plan and a Cottage at the rear.
Both buildings are full of character and charm.
The main house is set over two levels, with one bedroom upstairs, multiple kitchens and a flexible floor plan.
The Cottage has an open plan living space, sunroom and an attic style bedroom.
The property comes complete with off-street parking spaces at the rear of the residence, for multiple vehicles.
Within walking distance to the city centre along the South Hobart track beside the rivulet, Salamanca Square, university and some of Hobart’s finest eateries and shops.
• Projected combined income $1250 pw
• Perfect investment opportunity
• Triple glazed windows on main house
• Self-contained cottage
• Built in 1915
• Beautifully maintained private rear yard
• Ample off street parking available
• Less than 2kms Hobart’s CBD and UTAS
Construction: Rendered brick & Weatherboard
Year Built: 1915
Heating: Electric
Rental Return: $1250 pw approx.