For sale
Block_of_units • 2w
Offers over $1.6m
Within Budget25 Hill St, West Launceston, TAS, 7250, Australia
7
6
6
420 m²
816 m²
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About this Property
Discover a rare and exciting opportunity to secure a high-performing multi-residence investment property in one of Launceston's most desirable locations, just minutes from the CBD. CARINYA represents an astute investment where lifestyle appeal meets exceptional rental returns. This captivating property delivers strong, reliable income in a sought-after position that continues to attract quality tenants. The property boasts an excellent rental history with consistent demand, providing investors with confidence and stability.
Comprising 6 well-configured apartments across 3 levels - 5 x 1-bedroom units and 1 spacious 2-bedroom unit. Each unit is generously proportioned with welcoming living and dining areas, practical kitchens, and neat bathrooms designed for comfortable, low-maintenance living. 5 of the 6 units showcase expansive views of the CBD and mountains beyond. Allocated carports and 1 lock-up garage enhance the investment profile, while the substantial building footprint offers genuine potential for savvy investors to develop further, extend, or refurbish to maximise returns.
Perfectly positioned next to Arbour Park and walking distance to West Launceston Primary School, Cataract Gorge Reserve, Launceston General Hospital, and the CBD, this premium location combines lifestyle amenities with exceptional convenience - a combination that ensures ongoing tenant demand. Don't miss the opportunity to capture CARINYA and build your investment future.
25 Hill St at a glance:
• Exciting multi-unit investment opportunity
• Prominent location in close to Launceston CBD and hospital
• Substantial 420sqm divided into 6 units
• Excellent rental history and high demand
• Single garage pus 5 bay carport
Additional Information:
• Land area: 816sqm
• Main building: 420sqm
• Council: Launceston City
• Zoned: General Residential
• Total rent per week: $1,740
• Total Annual Rent: $90,480
• Current Outgoings: Approx $19,800
• Rates: Appox $8,000
• Land tax: $1,355
• Water: Approx Approx $5,500
• Insurance: $4,878
Comprising 6 well-configured apartments across 3 levels - 5 x 1-bedroom units and 1 spacious 2-bedroom unit. Each unit is generously proportioned with welcoming living and dining areas, practical kitchens, and neat bathrooms designed for comfortable, low-maintenance living. 5 of the 6 units showcase expansive views of the CBD and mountains beyond. Allocated carports and 1 lock-up garage enhance the investment profile, while the substantial building footprint offers genuine potential for savvy investors to develop further, extend, or refurbish to maximise returns.
Perfectly positioned next to Arbour Park and walking distance to West Launceston Primary School, Cataract Gorge Reserve, Launceston General Hospital, and the CBD, this premium location combines lifestyle amenities with exceptional convenience - a combination that ensures ongoing tenant demand. Don't miss the opportunity to capture CARINYA and build your investment future.
25 Hill St at a glance:
• Exciting multi-unit investment opportunity
• Prominent location in close to Launceston CBD and hospital
• Substantial 420sqm divided into 6 units
• Excellent rental history and high demand
• Single garage pus 5 bay carport
Additional Information:
• Land area: 816sqm
• Main building: 420sqm
• Council: Launceston City
• Zoned: General Residential
• Total rent per week: $1,740
• Total Annual Rent: $90,480
• Current Outgoings: Approx $19,800
• Rates: Appox $8,000
• Land tax: $1,355
• Water: Approx Approx $5,500
• Insurance: $4,878
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Buying as an investment property?
We can advance 2 years of rental income upfront.
On any investment property
Investors can receive up to $10,000^ in 48 hours
^estimated from $0/week rent* over 2 years
No banks. No loans. No drama.
Apply in 2 mins & confirm eligibility in 24 hrs
No impact to your credit score
This is not a home loan and not credit
Only pay back when rent is received
* Estimated based on 4% annual rental yield and a $0 property value. Weekly rent estimated at $0 ($0 ÷ 365 x 7 days). Prepayment capped at $100,000. Subject to approval.
Jess Christmas
Roberts Real Estate
+ 61 0400997101
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More Details on 25 Hill St, West Launceston TAS
How many bedrooms and bathrooms does 25 Hill St, West Launceston have?
25 Hill St, West Launceston is a 7 bedroom , 6 bathroom block_of_units.
Who is the agency that listed 25 Hill St, West Launceston?
The agency who listed 25 Hill St, West Launceston is Roberts Real Estate - you can contact the agents here.
How many car spots does 25 Hill St, West Launceston have?
25 Hill St, West Launceston is a 6 car spot home.
How much is 25 Hill St, West Launceston?
The price of 25 Hill St, West Launceston is Offers over $1.6m - contact the agents to find out more.