Secure Investment in Prime Hobart Location – Returning $26,350 pa
Positioned within the highly regarded Quest Trinity House Serviced Apartments complex, this is an outstanding opportunity to secure a managed investment in a proven accommodation destination.
One of just 38 units, this well-presented villa apartment is set within a meticulously maintained and professionally operated complex, located just 3 kilometres from the Hobart CBD. Popular with both business and leisure travellers seeking extended stays, the property enjoys consistent demand in a tightly held market.
The fully furnished apartment comprises two spacious bedrooms, a generous open-plan living and dining area, and a well-appointed kitchen. A central bathroom with bath, shower, vanity, and integrated laundry facilities ensures comfort and convenience for guests.
Backed by a secure lease with approximately 10 years remaining, the property currently returns $26,350 per annum, with structured annual rental increases over the next five years and market reviews every five years thereafter—offering investors both stability and growth potential.
Located on the fringe of Hobart’s CBD and bordering the sought-after suburb of Glebe, this is a rare opportunity to secure a low-maintenance, professionally managed investment in a premium city-fringe location.
Enquiries are warmly invited, with lease documentation available upon request. Inspections can be arranged by appointment in conjunction with the Quest Trinity House management team.
• Currently returning $26,350 per annum
• Well maintain complex, ultra-convenient location
• Fantastic investment opportunity – Set and Forget
• Open plan layout with adjoining alfresco entertaining area
• Walking distance to the City, the waterfront and Salamanca
Year Built: 1996
Heating: Reverse Cycle Air Conditioner
Approx. Council Rates: $1592 per annum
Approx. Water Charges: $1080 per annum
Body Corporate Fees: $744 per annum
Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma