Situated in a prime location in one of the most sough after surberbs in Howrah, is this fantastic property with 'mixed use' zoning for residential and business use with existing tenancies. Acheiving a great income of $44,824 p.a, it would suit a buyer wanting to owner occupy in whole or part, or continue to lease out as an investment. The property has had significant improvements and has 3 on-site parking spaces plus a single car garage. Close to shops, schools and only 10K from the Hobart CBD, this is a great investement oppoturnity and is one not to miss out on!
? Rare investment opportunity, coveted 'mixed use' zoning
? Shop front accompanied by an attached 2 bedroom unit
? Cleverly designed to segregate residential & business
? Recently renovated, new flooring & new double glazing
? Currently tenanted, achieving gross rent of $44,824 pa
? Business premises leased at $462pw till April 2025
? Business rental increase 5% annually
? Residential premises leased at $400pw unit November 2023
? Convert to single residence, restaurant or office (STCA)
? Low maintenance, level block adjacent Eastwood Park
? Single car garage plus three off street parking spaces
? Popular family suburb only 10km from the Hobart CBD
? 10 minutes short walk to Howrah Beach
Built: 1970
Construction: Brick
Heating: Heat Pump
Council Rates: Approx. $3782 pa
Water Rates: Approx. $1000 pa + usage