3/67 Montagu Street, New Town, TAS 7008

Situated in the sought-after suburb of New Town, this low-maintenance block of three units offers an excellent opportunity for investors to secure a brilliant property in a fantastic location with strong rental returns and plenty of upside to further increase value.

- Current rental yield of approx. 5.2% with scope to increase

- Each Unit has one bedroom, bathroom, kitchen and lounge dining area

- One unit with updated kitchen with fresh paint and new appliances

- Internal laundry and access to a shared clothesline

- Conveniently located near Lenah Valley, North Hobart, Hobart CBD, schools, cafes, restaurants, and a 1 minute drive to Calvary Hospital

Council Rates: $3,720pa approx.

Water Rates: $3,000pa approx.

Current weekly rental : $1100 (2 x $380pw 1 x $340pw and looks after the gardens)

Short Term Rental Appraisal can be provided upon request.