Three Unit Investment Opportunity

Located in the popular suburb of Geilston Bay is this great opportunity to purchase a significant investment property with great rental return.

These three units deliver a total annual yield of approximately 5.6% with excellent long-term tenants already in place. This property is low maintenance with each unit containing one bedroom and one bathroom and an open living area & kitchen.

Unit 1 - $325 per week - No fixed term
Unit 2 - $330 per week - No fixed term
Unit 3 - $330 per week - Expires 22/09/2024

The units are located in a great location in a private cul-de-sac and just 12 minutes to the Hobart CBD, surrounded by local schools and close to public transport, services, cafes and restaurants.

You don't want to miss out on this great opportunity on a great low maintenance investment property so please don't hesitate to contact Nick Cowley today.

Explore the area

School catchments

Lindisfarne North Primary School Primary K-6 Government 0.20km
Australian Christian College - Hobart Combined Prep-10 Independent 0.20km
St Cuthbert's Catholic School Primary Prep-6 Catholic 0.63km
Lindisfarne Primary School Primary K-6 Government 1.8km
Rose Bay High School Secondary 7-10 Government 2.7km
Risdon Vale Primary School Primary K-6 Government 2.8km
Montagu Bay Primary School Primary K-6 Government 3.0km
Eastside Lutheran College Combined Prep-10 Independent 3.0km
Warrane Primary School Primary K-6 Government 3.6km
Rosny College Secondary 11-12 Government 3.7km
Bowen Road Primary School Primary K-6 Government 3.8km
Corpus Christi Catholic School Primary Prep-6 Catholic 4.0km
Bellerive Primary School Primary K-6 Government 4.1km
The Cottage School Primary Prep-6 Independent 4.3km
Hobart City High School Sub-Campus Secondary Government 4.4km
MacKillop Catholic College Secondary 7-12 Catholic 4.5km
The Friends' School - Argyle Street Campus Combined Independent 4.5km
Campbell Street Primary School Primary K-6 Government 4.6km
Moonah Primary School Primary K-6 Government 4.6km
Hobart City High School Secondary 7-12 Government 4.7km
The Friends' School Combined Prep-12 Independent 4.7km
Sacred Heart College Combined Prep-10 Catholic 4.7km
Tasmanian eSchool Combined Government 4.9km
Lambert School Combined 1-10 Independent 5.0km
Elizabeth College Secondary 11-12 Government 5.2km
Clarence High School Secondary 7-12 Government 5.4km
St Mary's College Combined Prep-12 Catholic 5.6km

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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