520 Huon Road, South Hobart TAS 7004

Presenting an ideal residential investment for a balanced portfolio with the potential to add enormous value. A comparatively rare genre of property comes to market...a purpose built complex of 5 conjoined units forms an imposing quadrangle surrounded by colourful established gardens and a natural landscape.

* Expansive allotment of 4,153 sqm approx on one title
* Gross income of $62,400 per annum with tenants in place
* Explore the possibility of subdivision, increasing the existing footprint or stratum title development
* Suit investors or live-in business interest for a creative couple / professionals
* Well presented masonry brick veneer and tile construction, built in 1973
* Unit 1: 156 sqm, unit 2: 72 sqm, unit 3: 87 sqm, unit 4: 49 sqm, unit 5: 45 sqm (approx)
* Convenient off-street parking for 10+ vehicles
* Stunning majestic views of Mount Wellington and treescape
* Well situated on a reliable transport route
* UTAS, vibrant South Hobart and Sandy Bay villages close by
* Additional infrastructure includes undercover parking and storage facilities