outstanding moonah investment in prime inner residential position!
Take a look at this outstanding 3-4 bedroom off-market opportunity in the heart of tightly held & booming Moonah!
– prime level position near the Moonah shopping & dining precinct – inner residential zoning providing future development potential – above average 137m2 dwelling size – flexible floorplan with 4th bedroom or 2nd living room option – flat and fully fenced alotment – separate single car garage for small vehicle or workshop/storage space – currently rented at $510 per week until February 2027 with very reliable long term (25 years plus) tenants in place – weatherboard facade with mostly brick veneer cladding at the sides and rear – close to schools, recreation & services, less than 10mins to Hobart CBD and a short walk to the possible future light rail / dedicated transport corridor.
With reliable and long term tenants in place, this property is an outstanding investment opportunity in an excellent location that’s primed for future growth. 9 Fletcher Avenue, almost directly across the street, provides a useful reference/comparative sale. This 100m2 dwelling with 2-3 bedrooms, on a smaller 500m2 alotment sold 2 years ago in June 2024 for $580,000 – since then the median price has increased $100,000 (see attached documents).
A recent ‘National Top 10 Best Buys’ report by Hotspotting notes “The Moonah housing market is humming!”, naming it a top ten suburb nationally for 2026 and more generally Hobart and regional Tasmania as a 2026 ‘Hotspot’: https://www.realestate.com.au/news/why-hobart-is-on-the-cusp-of-a-property-boom/
A recent news article in relation to possible light rail to Hobart CBD: https://www.themercury.com.au/news/tasmania/macquarie-point-stadium-risks-failure-without-light-rail-new-report-warns/news-story/9ea68d15c7884f79d19f723a1001b5ef
Please let me know if you are interested and would like more information.
Year built: 1948 Construction: Weatherboard/Brick veneer Heating: Electric & Woodheater Rent Appraisal: $570-$600 p/week Annual Rates & Water: $3000
* The vendor reserves the right to accept offers prior to the advertised open home times.
* The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
