17 WRIGHTS AVENUE, Glenorchy, Tas 7010

A unique investment opportunity

$620,000

Description

To enquire, please email or call 1300 815 051 and enter code 8066

This unique Art Deco property, elegantly split into two distinct units, offers an exceptional investment opportunity for local and interstate buyers. Whether you're seeking a reliable income stream or a home away from home, this property caters to all your needs.

Unit 1: Your Reliable Income Source
Step into Unit 1, one bedroom with lounge and bright kitchen space currently leased at a modest $330 per week. This stable rental income ensures a secure return on your investment from day one. The unit's timeless Art Deco charm and shared backyard space with unit 2, with its own clothes, attracts long-term tenants, guaranteeing consistent revenue.

Unit 2: Your Home Away From Home
Unit 2 currently operates as a popular Airbnb, approved by council, providing flexibility and convenience for interstate owners. Whenever you wish to visit the enchanting island of Tasmania, this cozy, stylish unit is ready to welcome you. Enjoy the benefits of a second income while having your private retreat whenever you need it.

The property is assessed as two flats.

Prime Location
Location is everything, and 17 Wrights Avenue boasts one of the best. Just a 5-minute walk to the bustling Northgate Shopping Centre, you'll have access to a variety of shops, dining options, and essential services. Public transport is conveniently close, making commuting a breeze. For those who enjoy an active lifestyle, the adjacent bike path offers a scenic route into Hobart, perfect for morning rides or leisurely strolls.

Entertainment and Sustainability
The property features a well-maintained backyard, ideal for entertaining guests or enjoying a quiet evening outdoors. Additionally, there is a charming vegetable garden, perfect for those who appreciate homegrown produce. This combination of entertainment space and sustainable living adds significant value and appeal to both units.

Investment Potential
Glenorchy is a rapidly growing city, attracting a diverse range of residents and tourists. The blend of long-term rental and short-term Airbnb ensures that you can maximize your investment's potential. With Tasmania's booming tourism industry and the increasing demand for quality rental properties, 17 Wrights Avenue stands as a savvy choice for the astute investor.

Art Deco Elegance
Both units retain the distinctive features of the Art Deco era, offering a unique blend of historic charm and modern living. Large windows, High ceilings, elegant woodwork flooring and vintage lighting create a warm inviting atmosphere that appeals to tenants and guests alike.

Why 17 Wrights Avenue?

Dual Income Streams: Benefit from long-term rental and short-term Airbnb income.
Flexibility: Ideal for interstate owners seeking a personal getaway.
Prime Location: Close to shopping, dining, public transport, and recreational paths.
Art Deco Appeal: Timeless, low maintenance design that attracts a wide range of tenants and guests.
Growth Potential: Situated in a thriving suburb with increasing demand for rental properties.

Don't miss this exceptional opportunity to invest in a property that offers both financial returns and personal enjoyment. Contact us today to arrange a viewing and experience the unique charm of 17 Wrights Avenue, Glenorchy. Your next smart investment awaits.


To enquire, please email or call 1300 815 051 and enter code 8066

Looking to Sell Your Own Property?

In Australia, there is no requirement to use a real estate agent to sell a property. Selling yourself is legal and does not require any specific license.

By selling yourself, you can save a significant amount of money on agency commissions.

To learn more, please visit: Property Now