Ads By Google
Discover a boutique block comprising four apartments, an ideal investment opportunity for savvy investors. Located strategically, this property features three spacious one-bedroom apartments and one two bedroom apartment. The well-designed apartments boast generous open floor plans and access to the communal backyard and storage. <br/><br/>The complex is enhanced by a shared laundry facility at the rear which was recently upgraded, maintained gardens and parking options on street are conveniently situated at the front of the property.<br/><br/>Seize the chance to unlock the doors to investment success with this prime blue-chip property. Currently yielding a net return of approximately 6.2% with potential to increase, it promises a projected rental return of $82,160 per annum with an appraised value of $86,320 per annum all with existing tenancies in place. <br/><br/>Situated just minutes away from Hobart CBD, this property encompasses 685sqm of land and offers a fully occupied apartment complex. With a potential yield exceeding 6.5%, it stands as an excellent investment for your Superannuation fund or portfolio.<br/><br/>Key Features:<br/>Land Size: 685sqm<br/>Fully occupied apartment complex<br/>Potential yield of over 6.5%<br/>Ideal for Superannuation fund investment<br/>Three (3) 1-bedroom apartments<br/>One (1) 2-bedroom apartment<br/>Current Rental Return: $82,160 per annum (approx.)<br/>Projected Rental Return: $86,320 per annum (approx.)<br/>Practical outdoor space<br/>500m walk to Hobart City<br/><br/>This exclusive property is available for inspection by appointment only. For further information please contact Nat Downton or Hamish Reeve. <br/><br/>If you're contemplating selling, don't hesitate to reach out to Nat Downton from Downton Property, honoured as the Number 1 Agent in Australia by the Real Estate Institute of Australia, and Hamish Reeve Australian finalist for "Young Gun Agent " for REB, for a no-obligation free market appraisal
Ads By Google
