A Smart Investment Opportunity in a Convenient Location

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2/14 Schouten Street, Warrane TAS 7018

Offers Over $495,000

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$495k - $520k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 209 m² 75 m²

Listed: 17 hours ago

Overview

This well-located unit in Warrane offers a compelling proposition for investors focused on consistent rental returns and low maintenance.

Currently leased to a reliable tenant at $500 per week until August 2027, the property ensures immediate income generation and tenancy security, which is particularly advantageous for those seeking turnkey investments.

Positioned within proximity to essential amenities including shops, schools, and public transport, it benefits from excellent connectivity to key locations such as Eastlands Shopping Centre, Rosny Park, and Hobart's CBD, facilitating ease of daily living and future tenant appeal.

The manageable scale of the 75 sqm unit situated on a 209 sqm lot supports a low upkeep lifestyle, making it suitable for investors desiring practicality alongside steady returns.

This property represents a strategic acquisition for both new and seasoned investors aiming to strengthen their rental portfolio in the popular Eastern Shore precinct, combining convenience, assured tenancy, and sensible size.

Local Market Insights

In Warrane, Quiet Listings observed 11 new units entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $621,727. The property type mix of listed properties is predominantly Houses at 65%, followed by units (17%), and land (11%). The most active agency for units in the Warrane area is currently Petrusma Property – Sandy Bay, representing 55% of new listings, followed by Harcourts with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.