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8 Kingswood Crescent
berriedale
TAS, 7011

SOLD

Sold for $485,000

listing rooms 4
listing bathrooms 2
listing parking 1
Property: 145 sqm Land: 574 sqm

Great Investment Opportunity

Currently tenanted until December 2021, this roomy 4 bedroom, 2 bathroom home is set in a sunny, low traffic location that enjoys prime views over the Derwent River, MONA, and surrounding areas. Berriedale is a suburb growing in popularity and demand. The property is less than a 5 minutes drive from both the Claremont and Glenorchy shopping precincts, 15 minutes from the Hobart CBD, and is close to schools and all services.

The property comprises a spacious lounge, modern galley kitchen with large dining, 4 bedrooms (2 with built-in robes), 2 bathrooms, and 2 toilets. The laundry has been cleverly integrated into one of the bathrooms. The internal stairs lead to a large storage area under which has the potential to further develop into a rumpus, hobby room, or further living space. The property has a carport and provides off-street parking for another vehicle. It also has a good size backyard with room for outdoor entertaining.

The tenants are keen to remain in this home into the foreseeable future and will look well beyond their lease expiry date. The property provides a gross rental return of 5.1%. We welcome those investors who wish to secure an investment in an area of high demand and minimal risk. Inspections strictly by appointment only.

Agents

Nearby Schools

About berriedale

median house price

585000

median house rent

505

suburb rental yield

4.5%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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