Two Homes, Endless Options – Multi-Family Living, Dual Investment, or First-Home Buyers
Homes like these rarely come to market together.
Welcome to 36A & 36B Elwick Road, Glenorchy - two beautifully updated, high-performing homes ready for separate titles, available to purchase either individually or together.
Perfect for multi-generational families, first-home buyers, investors, or large family groups, these properties offer incredible flexibility in one of Glenorchy's most convenient locations.
Situated minutes from Northgate, Glenorchy cafés, healthcare services, transport and schools - and only 10 minutes to Hobart CBD - this is a blue-chip location with high rental demand.
🏡 Perfect For:
✔ Multi-Family Buyers
Parents + adult children
Siblings living side-by-side
Families supporting ageing parents
Two households wanting independence + connection
✔ First-Home Buyers
Secure a stylish, renovated home (36A) - or purchase both and live in one while the other pays your mortgage.
✔ Investors (High Yield)
Collect a combined $1,670 per week current rental return:
36A: $585/week
36B: $1,085/week (3 individual leases)
Both dwellings offer strong yield, low vacancies and excellent tenant appeal.
✔ SMSF, dual-income investors, or passive-income buyers
Recent construction, low maintenance, and high occupancy = ideal pain-free investment.
🏠 PROPERTY 1: 36B Elwick Road
High-Yield Sharehouse | 3 Rooms with Independent Ensuites
Offers Over $625,000
Rental Income: $1,085/week (3 individual tenancies)
A recently built, high-quality income earner featuring:
3 king-sized bedrooms
Each with: private ensuite, built-in robe, kitchenette & independent access
Spacious shared living area
Central kitchen, additional bathroom & laundry
4 reverse-cycle heat pumps
Double glazing, full insulation (6-star rating)
Flat, low-maintenance lot
Builder's warranty remaining
Why it's a top investment:
High occupancy
Extremely strong returns
Perfect for student housing, professionals, FIFO, care workers
On bus route
10 mins to CBD
Near major shops & services
🏠 PROPERTY 2: 36A Elwick Road
Spacious, Fully Renovated Family Home | Available Vacant
Guide: $525,000–$565,000
Rental Appraisal: $580–$620/week
Current Tenancy: $585/week
Recently renovated with:
Rendered polystyrene exterior
Double glazing
6-star energy rating
New kitchen, bathroom, flooring
Light-filled, modern layout
3 bedrooms, 2 bathrooms
Stylish open-plan living
Large fenced outdoor area
Off-street parking
Move-in-ready
Available with vacant possession
Ideal For:
First-home buyers
Busy families
Downsizers
Investors wanting low-maintenance, modern rental stock
🧩 BUY ONE OR BUY BOTH - FLEXIBLE LIVING OPTIONS
Multi-Family Living (Best of Both)
36A becomes the main family home
36B becomes:
A completely private home for parents
A home for adult children
A home for extended family members
A rental income booster
Live close - but with total privacy.
Live in One, Rent the Other
Perfect for first-home buyers or young families:
Move into the stylish, fully renovated 36A
Use the high-yield 36B to pay down your mortgage
This strategy can offset repayments by up to 60–70%.
Dual Investment Package (Investor Gold)
Combined current rent: $1,670 per week
Strong yield
Low maintenance
Separate titles
High tenant demand
Future-proof location
A perfect "set-and-forget" investment.
🚇 LOCATION - Strong Rentals & Lifestyle Convenience
Minutes to Northgate Shopping Centre
Major café strip
Woolworths & Coles
Healthcare centres
Bus route out front
10 mins to Hobart CBD
Gyms, schools, childcare nearby
Glenorchy is one of Hobart's highest-demand rental corridors, ensuring consistent occupancy for years to come.
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