Cash flow House For Sale in HOBART Under $1.5M

Showing 1-5 of 5
11 Somerton Crescent, Derwent Park TAS 7009
11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009 11 Somerton Crescent, Derwent Park TAS 7009
Nick Cowley
Listed on 06/12/2020 by Nick CowleyHarcourts Signature New Town 03 6228 3000

$475,000

Dual income Renovate 41 days on market
  • House
  • 3
  • 1
  • 2
  • 102m2
Opportunity Knocks

Harcourts Signature is excited to present to the marketplace 11 Somerton Crescent, Derwent Park.

Astute buyers take note as there are many opportunistic avenues to explore here... Renovate the.. Show more >

Harcourts Signature is excited to present to the marketplace 11 Somerton Crescent, Derwent Park.

Astute buyers take note as there are many opportunistic avenues to explore here... Renovate the existing home and reap reward, build a unit at the rear of the property (STCA) and perhaps set yourself up with a Dual income stream, or knock down the existing house and plot two contemporary new builds (STCA) on this exceptional, near-level 971m2 allotment.

The existing dwelling sits proudly toward the front of this exceptional parcel of land and currently comprises 3 generously sized bedrooms, open plan kitchen, dining & living zone, and beautifully kept bathroom with separate toilet for added convenience. The laundry is also separate as well as very spacious.

There sure is great scope here when it comes to renovating...

- Fantastic opportunity
- Presents great value
- Nest, invest, Renovate, develop (STCA) - the choice is yours!
- Existing house offers a blank canvas ready for your personal imprint
- Unit potential at the rear of the property (STCA)
- Superb location, arguably just about everything you will need is nearby

The suburb of Derwent Park encompasses a variety of amenities and is within close proximity to Derwent Entertainment Centre, Elwick Racecourse, Parsons Sports Centre, Hobart Showground and major shopping precincts including Northgate Shopping Centre and New Town Plaza. Nearby schools include Goodwood Primary School (0.3km away), Moonah Primary School (0.6km away) and Cosgrove High School (1.1km away); however, you are not confined to the area with public transport being a mere stroll from home. The location also offers the convenience travelling into Hobart CBD in approximately 13 minutes by car.

Properties such as this have currently proven not to last long on the market, so please do not hesitate if this one interests you... Contact Nick Cowley or Breeanna Robinson today for more information.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

All timeframes and dimensions are approximates only. Show less

20 Pitcairn Street, Glenorchy TAS 7010
20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010 20 Pitcairn Street, Glenorchy TAS 7010
Evan Riseley
Listed on 01/12/2020 by Evan RiseleyPetrusma Property Sandy Bay 03 6243 5477

$475,000

Dual income 46 days on market
  • House
  • 5
  • 2
  • 4
  • 155m2
calling all investors!

An exciting and unique opportunity presents itself to secure a high yield investment in the heart of popular Glenorchy. Constructed in the 1940s and full of character and charm this property consists .. Show more >

An exciting and unique opportunity presents itself to secure a high yield investment in the heart of popular Glenorchy. Constructed in the 1940s and full of character and charm this property consists of a four bedroom home and one bedroom flat on one title offering the potential for a Dual income stream. The home is also perfect for large and co-habituating families or offers the owner occupier the option of earning some rental income whilst living in the home. This one isn't going to last long!

A house and flat on one title
Ideal investment opportunity
High rental yield
Flat currently rented for $250 p/week
House rental $450 p/week
Development potential (STCA)
Plenty of scope to upgrade and add value
Walking distance to the Glenorchy CBD
Set on an allotment of 637m² approx.
Separated fully fenced yards
Close to schools, shops, and public transport

About Glenorchy
Glenorchy has become one of Hobart's property hotspots. It has everything you could possibly need, from shopping centres to the Village cinema and boutique coffee shops like the Agent Cooper and around 15 minutes from the bustling Hobart CBD. The Glenorchy town centre is a short drive away with great local schools and is home to a council-run swimming pool, the popular Tolosa Park, football and soccer grounds, not to mention being a short drive to MONA and being close to the upcoming $200 million plus redevelopment of the Derwent Entertainment District - home the the new upcoming Tasmanian NBL side.

Year built: 1946
Construction: Weatherboard & brick veneer
Heating: Electric & wood
Approx. council rates: $1,800 per annum
Approx. water charges: $1,500 per annum
Total estimated rent return: $700 approx. per week

* The vendor reserves the right to accept offers prior to the advertised open home times.

* The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. Show less

29 Waterworks Road, Dynnyrne TAS 7005
SOLD
29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005 29 Waterworks Road, Dynnyrne TAS 7005
Nick Cowley
Listed on 15/11/2020 by Nick CowleyHarcourts Signature New Town 03 6228 3000

$730,000

Dual income Renovate 62 days on market
  • House
  • 4
  • 2
  • 3
  • 186m2
Renovation delight with existing income stream!

Investors, developers, renovators... this one is for you!

Located in one of Hobart's most sought after areas, 29 Waterworks Rd, Dynnyrne, this property offers stunning city skyline views with .. Show more >

Investors, developers, renovators... this one is for you!

Located in one of Hobart's most sought after areas, 29 Waterworks Rd, Dynnyrne, this property offers stunning city skyline views with a northerly aspect and a premium lifestyle due to its close proximity to Sandy Bay, University of Tasmania, TasTAFE, bustling city centre, Calvary St John's Hospital and more - the list goes on... Needless to say, all conveniences arguably imaginable are easily accessible!

Situated on a generous 1004sqm allotment, the land provides scope for a potential future development (STCA)... Now is the perfect time to think ahead and let the imagination run wild... However, why not take advantage of the property's current Dual income potential with the existing dwelling comprising two completely separate levels, each level acting as its own self-contained residence... What's better yet is the lower floor (1 bedroom) already has a great tenant in place until February 2021!

As for the upper floor/main residence with its three spacious bedrooms, main bathroom and open plan kitchen, living and dining, this blank canvas is waiting for your special touch. A rent return of $450-$500 per week is expected providing an exceptional return on your investment.

Perhaps just rent the lower floor whilst you Renovate the main residence and add serious value to the property....The opportunities here are truly endless!

Please contact Nick Cowley or Breeanna Robinson from Harcourts Signature today for more information.


Zoning: General Residential
Garage/Workshop : 36sqm
Upper Floor/ Main Residence: 108sqm
Lower Floor / Unit: 42sqm
Balcony: 8sqm

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. All time frames, boundaries and dimensions are approximates only. Show less

Page 1 out of 1