Great Investment or Development Opportunity

Here is your chance to purchase a fantastic investment on the Hobart CBD fringe or combine with the neighbouring property to further develop.

Rarely do neighbouring properties come to market with such great potential.

- Upper level features 3 bedrooms / 1 bathrooms. Set on 612m2 allotment. Previously let at $500 per week
- Plus flat under. (not shown on floor plan). 1 Bed, 1 bath, currently tenanted at $295 per week, on separate power
- Great location close to Hobart CBD, Sandy Bay and UTAS
- Home has offered great rental returns over a number of years
- Huge potential to renovate and add value to existing home
- New roof and upgraded wiring / switchboard to number 10
- 12 Baintree Ave also available for those looking to develop further
- Significant space at the rear with potential access between the 2 properties

Located in the popular suburb of Dynyrnne, just moments to the University of Tasmania, Sandy Bay shopping strip and breath taking Mount Nelson. A fantastic opportunity for those looking to invest, breathe new life into the existing dwelling, knock down and build your dream home or develop the rear of the block.

Expressions of interest closing Friday 2nd of July at 4pm.

Contact David or Simon for further details or to arrange your inspection.

Explore the area

School catchments

Princes Street Primary School Primary K-6 Government 0.72km
Mount Nelson Primary School Primary K-6 Government 0.90km
The Hutchins School Combined Prep-12 Independent 1.0km
Mount Carmel College Combined Prep-10 Catholic 1.3km
Hobart College Secondary 11-12 Government 1.3km
St Michael's Collegiate School - Sports Campus Combined Independent 1.5km
St Michael's Collegiate School - Junior School Campus Primary Independent 1.5km
Waimea Heights Primary School Primary K-6 Government 1.6km
South Hobart Primary School Primary K-6 Government 1.7km
Albuera Street Primary School Primary K-6 Government 1.8km
St Michael's Collegiate School - Middle School Campus Combined Independent 1.9km
Goulburn Street Primary School Primary K-6 Government 2.0km
St Michael's Collegiate School Combined Prep-12 Independent 2.0km
Guilford Young College - Hobart Campus Secondary Catholic 2.5km
St Virgil's College - St Virgil's Junior School Primary Catholic 2.5km
Sandy Bay Infant School Primary K-2 Government 2.6km
St Mary's College Combined Prep-12 Catholic 2.7km
Fahan School Combined Prep-12 Independent 3.1km
Elizabeth College Secondary 11-12 Government 3.1km
Lambert School Combined 1-10 Independent 3.3km
The Friends' School Combined Prep-12 Independent 4.1km
The Friends' School - Argyle Street Campus Combined Independent 4.1km
Sacred Heart College Combined Prep-10 Catholic 5.0km
Taroona High School Secondary 7-12 Government 5.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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