Renovated & Returning $600pw
Benefiting from a freehold title (no strata fees) this classic red brick New Town cottage with off-street parking, set on sandstone foundations, presents a compelling investment opportunity in one of Hobart’s most tightly held inner-city suburbs.
Recently refreshed with new paint, flooring, custom joinery, and an updated switchboard, the home combines enduring character with practical upgrades that enhance tenant appeal. Energy-efficient LED lighting and multiple reverse-cycle air-conditioners further support low-maintenance, cost-effective ownership.
The flexible floorplan features two generously sized bedrooms, a spacious living area, and an additional sunny room that could suit a home office. A recently renovated bathroom with level-floor walk-in shower adds modern functionality, broadening appeal across a wide tenant demographic. With strong inner-city demand and proven rental versatility, this is a high-quality asset positioned for consistent returns and long-term growth.
– Public transport links practically at the property’s front door
– Located within the Hobart City hire-and-ride e-scooter zone
– Recently renovated throughout, including paint, flooring, and custom joinery
– Updated switchboard, energy-efficient LED lighting, and multiple reverse-cycle air-conditioners
– Recently renovated bathroom with level-floor walk-in shower
– Two versatile outdoor utility spaces: rear workshop with toilet, front lined shed perfect for a studio
– Single vehicle off-street parking, with a large backyard suitable for additional parking
– Low maintenance easy care yard and garden
– Classic sandstone foundations and timeless red brick character
– Outstanding inner-city location close to all conveniences and vibrant North Hobart
Built: Circa 1916
Land zone: Inner residential
Construction: Brick
Roof: Colourbond
Title: Freehold
Heating and cooling: Reserve-Cycle AC
Annual Hobart City Council Rates: $1,650 pa approximately
Annual TasWater Rates: $1,000 pa approximately
Rental return: $600 pw expiring June 2027
Freehold title: No body corporate or strata fees