12 Briar Crescent, Gagebrook TAS 7030

Positioned in a quiet crescent with views toward the mountains, this three-bedroom home offers both secure income and exciting development potential. Currently leased at $445 per week until March 2026, it provides immediate returns with the opportunity for future growth.

Set on a generous 1,284 m² allotment adjoining a reserve, the property presents excellent long-term prospects, including the potential for subdivision (STCA).

The home features a practical layout with a separate lounge, open-plan kitchen and dining area, and three well-sized bedrooms, offering comfort and functionality.

Conveniently located close to schools, shops, and transport, and just 25 minutes from Hobart's CBD, this property represents a solid investment in an area known for strong rental demand and long-term capital growth.

Key details:
• Currently leased at $445 per week until March 2026 - secure income from day one
• Large 1,284 m² block adjoining a reserve, with subdivision potential (STCA)
• Three-bedroom home with practical floorplan
• Separate lounge plus open-plan kitchen and dining area
• Bathroom with shower over bath and separate toilet
• Fully fenced yard with parking for up to five cars
• Convenient under-house storage
• Council rates approx. $433 per quarter
• Water rates approx. $300 per quarter
• Close to schools, shops and public transport
• Approximately 25 minutes to Hobart's CBD