sold
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1 of 15
Sold Property
m2
$540,000
Nick Bond Harcourts Huon Valley
Located right in the heart of the busy Huonville township with dual road frontage, a 4 bedroom home and a current approval for 2 new units to be constructed, this property has potential for many investors to consider.
With a flexible village zoning allowing for many potential uses including multiple small business options being classified as discretionary under the zoning, the options for a combination of business use in the house and residential in the units or 3 rental properties that could return around $1100 per week once completed and let.
The home features many period features including a long narrow floor plan making use of the north-easterly aspect with living areas toward the sun path and the road and the bedrooms toward the southern side of the home.
The property has a building permit for 2 units from the Shield Street entrance where a demolition permit has been approved to remove the current shed and studio located in that section of the land.
The property has been tenanted for the last few years achieving $400 per week most recently making the return on the investment prior to constructing the units still reasonable as is and very appealing once the units are constructed.
Another option could be to subdivide the land into 2 titles using the 2 street frontages subject to council approval.
Rates- $1600 approx p.a
Property ID: #THH22549
Office
m2
Sold Property
Located right in the heart of the busy Huonville township with dual road frontage, a 4 bedroom home and a current approval for 2 new units to be constructed, this property has potential for many investors to consider.
With a flexible village zoning allowing for many potential uses including multiple small business options being classified as discretionary under the zoning, the options for a combination of business use in the house and residential in the units or 3 rental properties that could return around $1100 per week once completed and let.
The home features many period features including a long narrow floor plan making use of the north-easterly aspect with living areas toward the sun path and the road and the bedrooms toward the southern side of the home.
The property has a building permit for 2 units from the Shield Street entrance where a demolition permit has been approved to remove the current shed and studio located in that section of the land.
The property has been tenanted for the last few years achieving $400 per week most recently making the return on the investment prior to constructing the units still reasonable as is and very appealing once the units are constructed.
Another option could be to subdivide the land into 2 titles using the 2 street frontages subject to council approval.
Rates- $1600 approx p.a
Property ID: #THH22549
Office Harcourts Huon Valley
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