2/2-4 Flinders Lane, Sandy Bay One bedroom apartment with garage and store room/workshop.
Fri, 1st Feb 2019
|Land Size:||104m² approx.|
Situated a half block away from Sandy Bay Road and all its facilities, this apartment would make an ideal short term (or long term) rental property. Together with a sunny balcony for outdoor living, there is also a small backyard for some herbs or veggies, otherwise a quiet spot to sit.
There is a lock up garage and workshop, which is an asset for storage/consumables if the property was used for short stays. If used as a permanent rental property, expect around $380 per week. (That's a 5.2% gross return on investment). This property is also available fully furnished. Investors should expect $400 per week on a fully furnished basis, (that's approx. 5.47% gross return on investment). According to the owner, If let on a short stay basis, the property should return approx. $150 per night in the high season, and $100 per night in the low season. The owners have done this in the past and say to expect around 75% occupancy.
It's an easy walk from here to U Tas or Salamanca Place and the docks. No parking costs if you work in the city!
Inside, the property has been fully painted and carpeted, has a new r/c heat pump and quality white goods including an Ariston washing machine, dryer and convection microwave. Only 2.5 km to Hobart's GPO.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
49 Sandy Bay Road
03 6224 2004
03 6224 3009
0418 531 837
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