44 St Georges Terrace, Battery Point

At this address is a house on a lot in 145640 Battery Point TAS. Similar properties have sold for approximately $1,560,000. Constructed in 1920, featuring 4 bedrooms and 4 bathrooms.

ABOUT THE PROPERTY

Bedrooms
4
Bathrooms
4
Car spaces
0
Land size
548 m2
Building size
166 m2
Council area
Hobart
Year built
1920
Lot plan
145640 Battery Point TAS
House type
House



HISTORY

Last sold 02/01/2014
$780,000



LISTING DESCRIPTION
as of January 2014

Large home in two flats returning $1000 per week This property comprises two four bedroom flats bringing in $1000 per week (formerly $1120) which represents a gross return of 6.7% on the asking price. Not a bad return when you consider you will be getting capital growth as well over time. This property has been a reliable rental property for almost thirty years and over that time has had various upgrades such as a spa, heat pump, remote control roller door and quality Maytag appliances. The tenants can pay directly into your account, saving on fees. At this rate it almost pays for itself. There would be no more reliable investment than a character brick property in a prime inner city suburb.Additional feature/s - Character home.