Investment Opportunity

This large 4 bedroom brick house offers a low maintenance property with generous living accommodation across two levels in a popular area of Moonah. If you are searching for a solid investment with wonderful potential then this property is for you!.

Situated up off the road, 3 Gerrard Street Moonah, has been converted into 2 flats, The property is council approved dual occupancy with separate metres and water. The main area of the house includes 3 bedrooms, whilst downstairs has 1 bedroom both including open kitchen and living areas, separate bathroom and laundry and neutral paint tones to suit any style.
Heating consists of wall mount heat pumps in both units together with a heat transfer kit in place.
A large Reserve situated at the rear of the property is accessed via a gate in the northerly facing backyard. A double lock-up garage at street level allows for ample storage with an additional off street parking area suitable for up to 2 vehicles.

With leases already in place to good long term residential tenants until August 2020, currently paying $435 per week in total the property is an easy ‘set & forget’ investment as is but also offers the potential for upgrade and potential to add further value.

It’s the convenience, wonderful potential and endless opportunities which make this property so appealing. All the shops, services are only a short distance away and rental demand for this location is high. The opportunity to secure dual income in the popular and ever growing suburb of Moonah is rare, call Nat Downton today on 0417 434 136 to organise an inspection.

For more information text ‘3gerrard’ to 0416 907 822

Thinking of Selling?
If you are curious to know the value of your home and would like a no obligation free appraisal please contact the National Award winning Natalie Downton.

Need Finance?
Buying the perfect property requires the perfect loan so give Yellow Brick Road Wealth Management Hobart a call on 03 6135 4875 or head to www.ybr.com.au/hobart to check out what the team can do for you!