City Fringe – Fantastic Return for Investors or First Home Buyer’s Gold!

Positioned just 10 minutes from the Hobart CBD, this beautifully presented 1949 home combines character, convenience, and exceptional investment potential.

Located in the city fringe, this appealing home represents an outstanding opportunity for investors, first home buyers, or downsizers looking to secure a foothold in one of Greater Hobart’s fastest-growing suburbs. Our rental appraisal is $600 – $620 per week, which represent gross yield of approximately 5.2%

Property Features:
* Solid circa1949 house with hardwood timber flooring
* Three generous bedrooms with natural light
* Open plan living and dining space
* Functional kitchen with ample storage and dishwasher
* Neat and tidy bathroom, separate laundry
* Private, low-maintenance yard, ideal for kids or pets
* Covered timber entertaining deck off kitchen ideal for outdoor dining
* Off-street parking, reverse cycle air conditioning

Investment Highlights:
* Potential gross rental yield approx. 5.2%
* No body corporate or strata fees, fewer outgoings
* Lutana has shown, strong capital growth and rising tenant demand
* Excellent long-term rental appeal with low vacancy rates

Location Benefits:
* Just 6km to Hobart CBD, quick access via Brooker Highway
* Minutes to Moonah, New Town, Glenorchy and North Hobart precincts
* Close to shops, schools, parks, and public transport
* Established neighbourhood with strong community feel

This is a great chance to secure a low-maintenance property in a high-demand area, all while enjoying the benefits of a standalone home close to the city.