18/10 Waterworks Road, Dynnyrne TAS 7005

Best offer over $365,000

3 beds

2 baths

3 parking

Modern City Living

This modern low maintenance 3 bedroom, 2 bathroom property offers the homebuyer or investor the ability to purchase a property located in a prime position between the Hobart CBD and the University of Tasmania.

The property has until recently been rented at $420pw. Assuming a $380,000 purchase price, this equates to a gross yield of 5.7%. Arguably, in today's low interest rate environment, this is an excellent cash flow return for a property which should provide capital growth over the longer term.

- Modern design
- Low maintenance
- Walking distance to Hobart CBD and University of Tasmania
- Good rental history
- Affordable

Property Details

• Type: Unit
• Bedrooms: 3
• Bathrooms: 2
• Ensuites: 1
• Carport Spaces: 2
• Other Parking: 1