With expansive views overlooking the picturesque Derwent River and Wrest Point Casino this 1910 built character home has charm and elegance comprising 3 separate apartments.

The property will appeal to astute investors or anyone looking to live in one while benefiting from the excellent rental returns of the 2 other apartments.

The largest apartment is impressive spanning over 2 levels featuring an open-plan living zone with a contemporary electric glow heater, 4 bedrooms (2 with built-ins), 2 x studies, a light-filled north-facing sunroom, and a main bathroom. The city views are captivating and especially magical once the sun has set.

There is an outdoor paved alfresco courtyard perfect for entertaining or a lovely area to enjoy your morning coffee. There is huge potential to add your own flair and is ready for you to move into to embrace a chic inner-city lifestyle.

Each apartment has its own unique appeal. The first (apartment 2) features open-plan living with a combined bathroom and laundry, a separate toilet, and a wonderful cityscape vista. The second (apartment 3) has magnificent city and river views, an entertaining deck, open-plan living, a bedroom with a convenient ensuite, plus a separate laundry.

There is ample parking for all residents and guests, each apartment has its own private entrance, there is NBN direct to each dwelling and the current total rental return is $1,600 per week.

Property Features

Apartment 1 – Open plan living, 4 bedrooms, 1 bathroom, 2 x studies, sunroom, laundry – Current lease at $530 per week.

Apartment 2 – Open plan living, bedroom, bathroom/laundry, separate toilet – current lease at $510 per week.

Apartment 3 – Open plan living, bedroom, ensuite, laundry – current lease at $410 per week.

Hobart City Council Rates – $5000 per annum (approximately)
Tas Water Rates – $3,200 per annum (approximately)

This property is positioned in one of West Hobart’s most iconic streets known for its glorious tree-scaping and views. The location is in convenient walking proximity to the CBD, restaurants, caf&aecute;s, services, gyms, transport, and walking tracks that will be appealing to potential tenants or short-stay guests alike.

Fully tenanted, this property returns above average rental; so don’t delay in contacting Alison Rogers to schedule your private inspection.

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.