SOLD $517,000

This solidly constructed and well presented circa 1970's retro gem presents an outstanding opportunity for the astute investor or home buyer to secure a unique property suitable for potential redevelopment or renovation. Currently configured as a four bedroom house plus separate self contained one bedroom unit the property is positioned to capture all day sun and sits on a generous allotment of approx. 695m2. The home features low maintenance grounds and off street parking for several cars; including a massive three car garage / workshop. The unit is separately metered for power and has a lovely outlook to the rear courtyard and garden.

The interior of the house is in original but immaculate condition and has recently been freshly painted throughout. With a little vision the lucky new owner could easily convert the house into a large family home or keep the unit rented to help with the mortgage. Investors should expect an excellent rental return and the potential for good capital growth. There may also be scope to convert the property into three separate units (STCA).

Situated close to quality local schools, North Hobart restaurant district, public transport and only a 5 minute drive to Hobart CBD this property is ready for you to move in to and make your own or a very smart addition to your rental portfolio.

"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".

Read More

See What Other People Are Looking At

Character and convenience to everything

Offers Over $635,000

23 Fraser Street, New Town

  • 2beds|
  • 1baths|

View Details

Elegant past meets luxurious modern living

Offers Over 1.9 million

29 Stoke Street, New Town

  • 7beds|
  • 6baths|

View Details

Sold Properties Like This

Brilliant location

SOLD

3/12 Risdon Road, New Town

  • 2beds|
  • 1baths|
  • 1cars

View Details

A Rare Find in Popular West Hobart

SOLD

65A Newdegate Street, West Hobart

  • 2beds|
  • 1baths|
  • 1cars

View Details

Tranquillity by the river's edge

SOLD

59 Beach Road, Kingston Beach

  • 3beds|
  • 1baths|
  • 2cars

View Details

Got A Question - Ask The Agent?

Stuart Thiessen

Stuart Thiessen

03 6231 3483

0408 237 851

stuart@ripplere.com.au