This property is a house on a parcel in 485317 Glenorchy TAS. Properties with similar attributes have sold for approximately $375,000. Built in 1952, featuring 3 bedrooms and 1 bathroom.
Blue Chip Investment Brilliant high yield investment opportunity in the heart of Glenorchy.Located opposite Northgate Shopping Centre, this property is sure to be in huge demand on the rental market for many years to come due to its fantastic location with everything you need just moments from your door step. The rear of the property backs on to the Intercity Cycleway and the Hobart CBD is just 9.5km away.Sitting on a large allotment of 620m, with plenty of room to expand or update (STCA), the home was constructed in 1952 of brick and iron and built to stand the test of time and as such will require minimum on-going maintenance.The property also contains a single garage, two sheds, additional covered carport and updated bathroom.The key to any investment property is location, yield and of course the tenants. A lease is in place until the 1st of August 2019 with the current rental appraisal sitting around $350pw.Please contact me for further details.