Sold | House | 30-36 Lampton Avenue, Derwent Park TAS 7009 | $1,300,000

5 x Residential Homes on 5 Separate Titles – Rare Investment Portfolio Available

  • 3 Bed
  • 1 Bath

"THE BLOCK" comes to Hobart

When was the last time that you saw for sale 5 x adjacent residential homes each on separate titles. Being sold as one parcel, you will buy your own "The Block"!

2 of the houses are renovated already while 3 need renovations of varying degrees. This unique opportunity for the savvy investor includes potential (STCA)** for building a new unit in the back of house numbers 30, 32 and 34 (3 units total) to maximise development returns.

Make immediate equity by completing renovations in 3 of the homes and re-sell all, or some separately, in this strong sales market. Alternatively, hold and rent some, or all homes, in an equally strong rental market. The option is yours!

Summary of "The Block":

• 5 x separate residential titles (totalling 3,174m2)

• Amazing central Hobart location

• Just minutes from all services in Moonah & Glenorchy CBDs

• 7 mins approx from the Hobart CBD with quick Brooker Hwy access

30 Lampton Ave

• 3 bedrooms – renovator's delight - vacant

• 107m2 house size

• 688m2 lot size

32 Lampton Ave

• 4 bedrooms – renovated home – tenanted

• 140m2 house size

• 688m2 lot size

34 Lampton Ave

• 3 bedrooms – renovated home inside – vacant

• 102m2 house size

• 688m2 lot size

36 Lampton Ave

• 2 or 3 bedrooms or 1 or 2 living areas – partly renovated to finish – vacant

• Sunroom/3rd bedroom or 2 living areas

• 104m2 house size

• 599m2 lot size

2 Elmsleigh Rd

• 2-3 bedrooms or 1-2 living areas – renovator's delight – vacant

• 108m2 house size

• 511m2 lot size

Builders and developers: this is the investment opportunity you've been waiting for (STCA) so don't procrastinate as all offers over Government Valuation will be considered.

WANT MORE? There is the added opportunity of purchasing a sixth 3 bedroom home + 2 bedroom flat adjacent at 4-6 Elmsleigh Rd together with Parsons Sports Centre on 2,570m2 total (over 2 titles) also zoned Residential. For details view listing on fnelite.com.au, realestate.com.au or realcommercial.com.au.

** All MENTIONED OPTIONS ARE SUBJECT TO COUNCIL APPROVAL AND ARE EXAMPLES ONLY

"Disclaimer: The content hereon is obtained from a number of sources. Whilst every care has been taken, we have not verified the accuracy of this information, and we do not accept liability for any inaccuracies, errors or omissions. This information is not provided or intended as any type of advice. We recommend all parties undertake their own due diligence to establish all facts."

This property is proudly listed by:

First National Real Estate Elite Bellerive 11 Percy Street
Bellerive TAS 7018

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Open for Inspection
By Appointment

Additional information

Property Type House
Property ID 11983101377
Street Address 30-36 Lampton Avenue
Suburb Derwent Park
Postcode 7009
Price $1,300,000