7/4 Hildern Street, New Town TAS 7008

Within a 15-minute walk to the North Hobart restaurant strip in one direction, and the Lenah Valley shopping precinct in the other, this large 1-bedroom apartment is located perfectly for those seeking a low maintenance, city fringe lifestyle.

Investors, take note of the enticing combination of high yield (approx. 5%) and capital growth (+34% since 2020*) potential. In a tightening rental market, this property presents as an easy "set and forget" addition to your investment portfolio and the location will be especially attractive for potential tenants working at the nearby Calvary Hospital.

Available as vacant possession to also suit owner occupiers, this second level apartment features panoramic urban views from the generously proportioned living and dining areas, whilst the adjoining kitchen is highlighted by handsome blackwood cabinetry and sleek black mosaic splashback tiles.

The large master bedroom is freshly carpeted and includes a built in wardrobe and spacious ensuite bathroom with shower, bath, vanity, and toilet.

The apartment is serviced by a ground floor garage, suitable for a small vehicle, gym, or storage facility. Common areas provide more room for visitor car parking.

Please register your interest quickly, as this property is sure to create plenty of attention.

• Spacious living areas with sweeping urban views
• Large master bedroom with walk in robe and ensuite
• Secure single car garage
• Impressive investment potential

Council Rates $1650 (approx p.a.)
Water Rates $1000 (approx p.a.)
Body Corporate $1700 (approx p.a.)
Rental Estimate: $390 - $420 per week (approx.)

* REIT New Town Units median sale price 2020 - 2022

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in.While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is not intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.