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Overview
Classic Brick Home Packed with Potential
Positioned in a convenient pocket of Gagebrook, this solid 1980s brick home offers strong potential and immediate appeal for investors. The property is currently tenanted, providing a steady rental income stream from settlement, making it a practical addition to any investment portfolio.
The home is mostly original yet well-maintained, offering future scope to renovate, improve value, and potentially increase returns over time. Inside, the property features beautiful timber floorboards throughout, three well-sized bedrooms, and a light-filled living area complete with both a woodfire and heat pump for year-round comfort.
The kitchen and dining area enjoy a pleasant hillside outlook, creating a welcoming space for meals and gatherings. The bathroom has been thoughtfully upgraded with accessibility in mind, enhancing convenience and usability.
Set on a generous block of 759 square meters, the property includes multiple fenced yard areas, a 6x6 meter shed, and a timber deck ideal for outdoor entertaining. There is plenty of space for tenants to enjoy now, with room to enhance further in the future.
Conveniently located close to local shops, schools, parks, and public transport, and only around 30 minutes from Hobart CBD, this property represents a solid investment opportunity with income from day one and plenty of upside for the future.
- Rental Appraisal: $460.00-$490.00 per week
- Current Rent: $450 per week
- Lease Expiry Date: 23 February 2027
- Council Rate: Approximately $1,750 per annum
- Water Rate: Approximately $800 per annum
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Gagebrook TAS 7030
Market Insights for Gagebrook TAS 7030
Other properties in this postcode
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