Investment Opportunity in Sought-After Sandy Bay

Positioned in one of Hobart's most sought-after suburbs, this four-bedroom, two-bathroom property presents an excellent opportunity for investors looking to secure an established rental property in a highly convenient Sandy Bay location.
Currently returning $660 per week, the property is leased until 12 November 2027, providing investors with a secure rental income stream from day one.
The practical four-bedroom, two-bathroom layout offers strong appeal to the local rental market, while the location provides easy access to Hobart CBD, the University of Tasmania, local shopping, cafés, public transport and a range of highly regarded schools.
Nearby schools include Princes Street Primary School, St Michael's Collegiate School and The Hutchins School.
Key Features
- Four bedrooms
- Two bathrooms
- Currently rented at $660 per week
- Current lease in place until 12 November 2027
- Established investment with immediate rental income
- Water and mountain view
- Close to the University of Tasmania
- Close to several well-regarded local schools
- Easy access to Hobart CBD, shops, cafés and public transport
With a secure lease already in place, strong rental return and a highly convenient Sandy Bay location, 1/54 Duke Street represents a compelling opportunity for investors seeking a ready-made addition to their property portfolio.