Here is an opportunity for all those investors out there looking to either add to their portfolio or start one with this rock solid home. The property consists of two apartments, one three bedroom and the other four, on a single title offering the opportunity to live in one upon completion of the lease whilst offsetting your mortgage leasing the other. A good rental yield and with good capital investment potential in the quickly growing suburb of South Hobart this could be a winner for the savvy investors.
- 2 separate apartments on one title
- Both apartments leased to long term tenants
- Currently returning over 5% yield
- Premium South Hobart location
- No work required
- Opportunity to value add down the track
- New roof and insulation
- Upgrades to unit 1 including double glazing, plumbing and hot water
- 2 off-street car parks per apartment
- Close to Shops, Schools and Transport
Contact Simon today for more information
