This 1910 cottage has undergone a significant extension to the former home which is currently used as two separate one bedrooms flats. The main house which is arranged over two floors is currently leased, but under performing with a low rent at 295pw. The smartly presented one bedroom flat features amazing views of the Casino and River and is currently let at 250pw. A slightly smaller one bedroom flat below requires minor works to bring it to a letable standard where you should expect to return 200pw.

There is ample off street parking as well as a single carport. A spacious backyard has lots of potential with inspiring elevated views of Hobart, the River Derwent and beyond.

There is potential to create an income here in excess of 800pw, proving to be a high yeilding property in one of Tasmania’s most popular suburbs.

Within a few minutes drive you can be in the CBD of Hobart and all that is on offer.

For a private inspection please contact your local area specialist, Ben Vance.