Sold $900,000
3 BED · 2 Bath
City fringe investment comprising two strata titled apartments
Freestanding terrace in prime city position configured as two strongly performing rental flats, each with it's own separate title.
To be sold separately or together.
Built c 1900 this imposing character building, presently consists of a spacious two bedroom apartment downstairs complimented by a modern kitchen-dining area, formal lounge and combined bathroom-laundry.
Upstairs is a similarly spacious and well appointed one bedroom apartment, with formal lounge offering city skyline views, renovated kitchen-bathroom and access to full length verandah.
The building sits on a deep block with a storage shed and offers excellent value add potential to create a courtyard style garden.
Capitalize upon Hobert's booming rental market: lowest vacant rates for any capital city or convert back into a single town residence.
Excellent city edge position. A short stroll into the city centre. Close to bustling cafes, local schools, etc. this is an incredibly convenient setting.
Outgoings (p.a.):
Council rates: $1,986 (AP 1) $1,564 (AP 2)
Tas Water: $1,200 (AP 1) $900 (AP 2)
Land Tax: $3,120
Building Size 185m² approx.
Land Size 474m² approx.
