44 Elwick Road, Glenorchy, Tas 7010

*** Please read this description***

Welcome to the very popular City of Glenorchy! 

These properties offer something for everyone; investors, first home buyers, owner occupiers, renovators and/or downsizers.

44 Elwick Road (c1917) consists of 2 flats. Flat 1 (68 sqm) consists of one very generous sized bedroom, living room and one bathroom with separate laundry plus one OSP, with a generously proportioned garden. Currently leased at $350 per week until January 2025. Flat 2 (85 sqm) consists of two large proportioned bedrooms, a light-filled sunroom/study, kitchen/dining, bathroom and laundry and one OSP. There is also as a large secured back yard most suitable for pets and children alike. This flat is currently leased for $400 per week until April 2025. Total land size is 554 sqm (approx.). 

44A Elwick Road (c1957) consists of four bedrooms, kitchen/dining and laundry, and a separate living area with wood-heater opening onto a covered entertainment area and back yard. This property is leased for $600 per week until February 2025. Land size is 419 sqm and house size is 128 sqm approx. 

44 Elwick Road (offers over $595,000) and 44A Elwick Road (offers over $495,000) are strata titled and are available to purchase separately or in one line, together generating a total of $1350 per week in income and anticipated to generate $1485 per week at the next rental review. Both properties have been well maintained with recent upgrades including new roofing, painting, gutters and fencing. 

These properties offer a unique opportunity for astute investors, first home buyers, owner occupiers, renovators or downsizers - or all of the above - all within a short stroll from Northgate Shopping Centre, shopping and sporting facilities and only a quick drive to Hobart CBD.

44 Elwick Road
Council rates: $2592 pa approx
Water rates: $596 pa approx
Body corporate: $600 pa approx

44A Elwick Road 
Council rates: $1675 pa approx
Water rates: $427 pa approx
Body corporate: $600 pa approx