Well-positioned dual-income investment opportunity
Dual income on 958sqm with immediate return and future upside (STCA).
Currently tenanted, the property returns $860 per week (approx $44,720p.a.) providing immediate dual income. Configured as two adjoining dwellings, it offers flexibility to optimise or further develop.
The main residence offers open plan living, a well-equipped kitchen, and up to three bedrooms, including a master with direct bathroom access. A separate laundry with external access adds functionality.
The second dwelling is fully self-contained, featuring a generous living area, galley kitchen, spacious bedroom with built-in robes, its own bathroom, and separate laundry.
The layout provides genuine separation and privacy, supporting dual tenancy, multi-generational living, extended family use, or potential short-term accommodation use (STCA).
Originally designed with accessibility in mind, the property includes practical features suited to limited mobility and can be readily adapted to suit buyers with those needs.
The large landholding further strengthens the opportunity, offering scope to extend, reconfigure or explore development potential (STCA).
Located in Geilston Bay, within easy reach of local amenities and Hobart CBD, this is a versatile asset combining immediate return with long-term upside.
– 4 Llenroc (front unit) tenanted until 7th May 2027, $480pw – 4a Llenroc (back unit) tenanted until 12th February 2027, $380pw – Built in 1969 – Construction: brick veneer & roof decking – Council rates approx. $2,416pa – Water rates approx. $1,808pa
