1-1a Sorell Street, Bridgewater TAS 7030

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1-1a Sorell Street, Bridgewater TAS 7030

Sold

7 beds

4 baths

3 parking

Dual Income with over 7% Gross Return

This unique property presents a fantastic opportunity for the investor, with not just one but two lettable properties. On offer is a character 1920s home with 3 bedroom, 2 living, 2 bath along with a 4 bedroom, 2 bathroom modern unit.

Both these dwellings are on the one title and have great tenants in place. With a great gross rental yield of over 7% this is a great opportunity you will want to act quickly on.

Unit 1a (character home) has a tenant on a lease until August 2019 paying $370 per week. The weatherboard cottage has so many original charming features. With beautiful timber floor boards, stained glass windows and a large country style kitchen. The master bedroom includes a walk in robe with ensuite. The family bathroom includes a separate shower and claw foot bath. Out the back the covered verandah overlooks the secure backyard.

Next door at 1 Sorell Street there is currently a tenant on a month to month lease paying $320 per week. This home is set over 3 levels, with 3 bedrooms on the ground level heading up to the open plan living area with a deck at the back.

From the deck you can enjoy stunning views overlooking the River Derwent. Head down the stairs externally to a fourth bedroom that is separate from the house and includes its own ensuite bathroom with a shower and bath. This separate accommodation has potential for another income stream with scope for Air B n B accommodation.

Located just 15 minutes to Glenorchy and 20 minutes to Hobart's CBD these properties are ideally located to ensure a great long term investment opportunity. We look forward to receiving your enquiry on these properties today.