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2 Hearne Place
glenorchy
TAS, 7010

SOLD

Sold for $340,000

listing rooms 3
listing bathrooms 1
Property: 102 sqm Land: 881 sqm

Renovate & Reap The Rewards!

Currently tenanted until April 2020 is this masonry brick veneer family home that has served the current owners well as a long term investment property.

Situated on a large 881m2 allotment taking in breathtaking views of the Derwent River, the property boasts a northerly aspect and enjoys all day sun.

Comprising of a generous size living area complete with reverse cycle heat pump, an original eat in kitchen/dining room, and three generous bedrooms with the main complete with built in robe.

The bathroom consists of shower over bath, and the toilet and laundry are separate.

Move in at the end of the current lease and enjoy as is, or alternatively add this property to your portfolio and set and forget. Either way you'll be safe in the knowledge that with some internal updating you will not over capitalise in the current market.

The current tenants have been in place for 11 years and pay $330pw, however at the end of the current lease term the likely market value rent would be approx $370pw in it's current condition, and substantially more should you choose to renovate.

Located just minutes away from all major shopping and services in Glenorchy, and approximately 15 minutes from Hobart CBD this is a fantastic opportunity to purchase at the right price in the current market.

Inspections strictly by appointment, be quick!

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About glenorchy

median house price

555000

median house rent

510

suburb rental yield

4.8%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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