$1,020,000

10 Bed  •  7 Bath  •  3 Car

Main view of Homely apartment listing, 520 Huon Road, South Hobart TAS 7004
Floorplan of Homely apartment listing, 520 Huon Road, South Hobart TAS 7004
Second view of Homely apartment listing, 520 Huon Road, South Hobart TAS 7004
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Sold

520 Huon Road, South Hobart TAS 7004

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$1,020,000

  • 10
  • 7
  • 3

Apartment Sold on Mon 30 Jan, 2017

What's around Huon Road

Apartment description

“Unique city fringe investment”

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

Property features

builtInRobes

Built-in Robes

ductedHeating

Ducted Heating

Building details

Area: 408.9m²

Interactive media & resources

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520 Huon Road, South Hobart TAS 7004
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