16 St Georges Terrace, Battery Point Lots of options
Fri, 18th Aug 2017
|Property Type:||Block Of Units|
|Land Size:||570m² approx.|
|Links:||Watch a video showcasing 16 St Georges Terrace|
This well maintained and well presented property consists of a two storey, two bedroom townhouse, a two bedroom cottage, two x one bedroom apartments and a studio.
The owner occupies one of the properties, however if fully let, the market rent is expected to be $86,840 or 4.82% gross return (plus capital growth). Rates, water and insurance total $5,850.00 per annum.
There is a large store and workshop under, plus a communal laundry. All apartments have been upgraded in recent years.
This would be ideal for someone who wants to live on site and operate short term accommodation (STCA). There are 5/6 off street parking spaces, and the property occupies a prime position, enjoying views of the Casino, marina, River Derwent and Mount Wellington. It's a short walk to the bakery, coffee shops, Kelly's Steps and Salamanca.
49 Sandy Bay Road
03 6224 2004
03 6224 3009
0418 531 837
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