West Moonah

40 Sixth Avenue

House
Sold 29th August 2024 for $720,000
3
1
1

house & flat with views & outstanding returns!

Access first homebuyer stamp duty exemption AND subsidise your mortgage
with this two for the price of one property offering a 3 bedroom home at street level for you to live in and a fully self contained & approved 2 bedroom flat on the lower level to help pay the mortgage! An outstanding investment and the perfect place to call home – Welcome to 40 Sixth Avenue!

– Dual tenancy (and potential for dual income) with 3 bed & 1 bath at street level and 2 bed & 1 bath downstairs
– First homebuyers may qualify for stamp duty exemption AND subsidise your mortgage with the downstairs unit currently generating $370 p/week (with the potential for more)
– Outstanding investment option with likely total return in excess of $900 per week!

The street level home (1/40 Sixth Avenue) includes:
– Updated throughout with a funky ‘retro meets contemporary’ feel
– A renovated kitchen with plenty of storage
– Terrific views over the River Derwent
– Light & bright interiors with new carpet and polished timber floors
– 3 generous sized bedrooms
– Rent appraisal $550 per week approx.

The separate flat downstairs (2/40 Sixth Avenue) includes:
– 2 bedrooms
– Kitchen with breakfast bar and open plan living
– Currently tenanted at $370 per week

There’s also a large rumpus area downstairs that includes stairs to the house upstairs (currently covered over but easy to reinstate) that offers the potential for further development such as additional living space or even a third tenancy (STCA)

Conveniently located near various amenities including shopping centers, schools, parks, and recreational facilities. The Hobart CBD is approximately a 15-minute drive away.

* The vendor reserves the right to accept offers prior to the advertised open home times.

* Stamp duty exemption subject to ‘First Home buyers of established homes Duty Relief application’ approval

* 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.

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