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Sold - Glebe - Hobart TAS

Sold – Glebe – Hobart TAS

2 Bedrooms 1 Bathrooms

Quest Trinity House is nestled in the quaint suburb of Glebe, only a moments walk to Hobarts CBD, Waterfront and Constitution Dock, Salamanca Place, North Hobart restaurant precinct, sporting venues.

Set among stunning established gardens and buildings including the restored and heritage listed ‘Trinity House’ circa 1840 and ‘Christ College’ circa 1929, Hobart is a popular destination for tourists with crowds flocking to Salamanca market each Saturday.

Spacious double storey townhouse boasting stunning outlooks over Hobart and Mount Wellington.  Featuring large kitchen & meals, living room and oversized outdoor entertainers courtyard downstairs.  Upstairs  with 2 bedrooms and main bathroom upstairs.   Main bedroom complete with large bay window taking in stunning views and 2nd bedroom with balcony

Lot Asking Price status Gross Return Net Return Weekly Return Annual Rent
23 $315,000 SOLD 7.25% 6.44% $443.00 $23,077 p/a

Current Rent: $443 per week ($23,077 per annum)
Current Return: 7.25% Gross / Net 6.44%
Feb 2020-  $24,001-   7.54% Gross
Feb 2021-  Market Review

Lease Terms: Lease to February 2021 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2021)

** Please note:  Gross and Net yields do not include upcoming refurbishment expenditure

Approximate Owner Outgoings:
Council Rates: $1349.00 per annum
Water Rates:    $860  per annum
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $380 per annum

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