A fabulous opportunity has just dropped into the market by the way of this two storey solid brick block of two flats. Currently tenanted and situated in popular South Hobart close to all services, shops and the city. It also has the bonus of mountain views and backs onto the Hobart Rivulet. With a small garden for both units to enjoy. This ideal investment property would rarely be vacant.

The property boasts all new carpets in both units, new drapes and fresh paint.

The downstairs unit has four bedrooms plus en suite, small balcony with stunning mountain view, and garden. There is heat pump, fridge, washing machine, microwave, freezer and oven all included in the chattels. The unit is currently rented at $390 per week until March 2014.

In the upstairs three bedroom unit with two living spaces or use the sunroom with balcony as another bedroom. There is a heat pump, fridge, microwave, oven and washing machine in the chattels and it is rented at $340 per week until Dec 2013.

There is room for 4cars to park off street which is excellent for something close to the city.

Total rent per week is $730pw

Council Rates (2012-13) = $1922.35
Water Rates - Service Charge Component (June Quarter 2013)
= $182.44
Land Tax (2012-13) = $682.50

This is a whole lot of house for the money and offers an excellent rental return in a highly desirable location.

Call Penny today to inspect this hot investment opportunity.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Katrina Arkley

Katrina Arkley

0407 691 077