Cash flow House For Sale in HOBART Under $2M
$475,000
- 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
$650,000
- 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
$650,000 (90% of Median)
- House
- 4
- 2
- 2
- 632m2
Dual income Property
Nestled in a quiet pocket of Lenah Valley and elevated to capture stunning views with all-day sun, lies this solid house and flat.
Recently re-roofed and currently tenanted with a combined inc.. Show more >
Nestled in a quiet pocket of Lenah Valley and elevated to capture stunning views with all-day sun, lies this solid house and flat.
Recently re-roofed and currently tenanted with a combined income of $550 per week income with massive scope to increase the rental potential, this property will appeal to the astute investor looking for strong yield and capital growth in a popular suburban locale.
Downstairs, the neat and tidy unit is completely self-contained and separately metered with bathroom, kitchen, bedroom and separate living room.
Upstairs, the main house boasts a spacious living area, Renovated kitchen and access to a generous pet and child friendly rear yard.
Located just moments to the Augusta road shopping strip, quality primary and secondary Schools, North Hobart Restaurant and Hobart's CBD. Show less