29 Bimburra Road, Glenorchy, TAS 7010
- 4
- 2
- 3
For Sale
Offers over $960,000
Dual income, 2 units on one title & 2906m2 of sub-dividable land
A rare opportunity awaits for the astute investor to add to this incredible property to the portfolio. Offering two units on one title (returning $900.00 a week) and 2906m2 block of sub-dividable land. Positioned in a prime location with a bush setting, yet minutes drive to major services and a close commute to Hobart's CBD.
Long-term tenants are in place through NDIS housing. Each unit offers two bedrooms and one bathroom. Both are neat and tidy with one offering a large shower and immaculate kitchens.
There is planning approval and engineering approval for a 1000m2 subdivision at the front of the block. Still keeping ample space and privacy for the units and future home. Please note this needs civil works completed for sign-off.
Also on offer is a large 10x9 garage and workshop as well as a 3.5x8 garage as well as a large storage area under the property and a garage that has been converted to a spacious office area.
So much on offer, and great return with long-term tenants. Incredible location and close to all services. This is an opportunity that can not be missed.
All measurements are approximate and details intended to be relied upon should be independently verified. The particulars contained in this advertisement do not form any contract. While care has been taken in its presentation, no representation is made and no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.
Sam Johnston
Business Owner | Senior Property Representative
Leanne Kelly
Property Representative
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L30236601
- Property Type:House
- Building / Floor Area:1352 sqm
- Garages:3
- Land Area:2906 sqm
We Know Your Area
R&H Suburb Profile: Glenorchy
R&H Suburb Summary | Houses |
---|---|
Number of sales | 132 |
Average Price | $576,779 |
Median Price | $561,000 |
Median Rental Price | $510 p.w. |
Change in Rental Rate (5yr) | 21 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 57 |
Average Price | $426,911 |
Median Price | $440,000 |
Median Rental Price | $440 p.w. |
Change in Rental Rate (5yr) | 33 % |
Median Trend - $561,000
Recently Listed
Recently Sold