Nestled on a generous 755m² block, this original Federation-style home, built circa 1920, offers a unique investment opportunity with significant potential.
The property has been converted into a duplex, featuring separate two-bedroom, one-bathroom tenancies, including one long-term tenant who has resided in the same unit for approximately 15 years.
Ideally situated in a convenient location, it’s just a short walk to the new UTAS university campus and the Invermay shopping strip. With its rich history and prime positioning, this property presents endless possibilities for investors or those looking to transform a piece of heritage into a modern gem.
If you are not looking in an investment manner but would prefer to return this home into its original glory, take on the opportunity to renovate and bring a fresh breath of life into this property.
Built: 1920c
Land size: 775m2 approx
Building size: 83m2
Council Rates: $3,260 per annum approx
Water Rates: $370 per quarter approx
Rental return
Unit 1: $225 per week
Unit 2: $260 per week
Lease expiry
Unit 1: 03/2025
Unit 2: 09/2025
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