FOR SALE
Offers Over $795,000

11a & 11b Hodgman Street
Burnie TAS 7320

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
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Exceptional Investment Opportunity: Multi-Unit Property with Sea Views

Discover an unparalleled investment opportunity with this versatile residential property, comprising three duplexes and one standalone unit. Each duplex features 1 bedroom and 1 bathroom, while the separate unit offers the same comfortable layout with 1 bedroom and 1 bathroom. This setup is perfect for attracting a variety of tenants, ensuring a steady rental income.
Key Features:
• Three Duplexes: Each with 1 bed, 1 bath, designed for optimal living space and tenant comfort.
• One Separate Unit: Independent 1 bed, 1 bath unit, providing additional rental income.
• Prime Location: Conveniently close to town, offering easy access to amenities such as shops, restaurants, and public transportation.
• Stunning Sea Views: Enjoy breathtaking sea views, adding significant appeal and value to the property.
• Versatile Rental Options: Ideal for long-term rentals, vacation stays, or a combination of both, catering to different tenant needs.
This property is not just a purchase, but a strategic investment in a sought-after area. The close proximity to town and amenities, coupled with the allure of sea views, makes it an attractive choice for potential tenants, ensuring high occupancy rates and robust returns on investment.
Seize this chance to enhance your portfolio with a property that promises both immediate and long-term financial benefits. Contact us today to arrange a viewing and take the first step towards securing this outstanding investment opportunity.
"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."

Property Details for 11a & 11b Hodgman St, Burnie

11a & 11b Hodgman St, Burnie is a 4 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The place is currently for sale with Roberts Real Estate Burnie.

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About Burnie 7320

The size of Burnie is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.6% of total area. The population of Burnie in 2011 was 696 people. By 2016 the population was 616 showing a population decline of 11.5% in the area during that time. The predominant age group in Burnie is 60-69 years. Households in Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnie work in a professional occupation. In 2011, 43.8% of the homes in Burnie were owner-occupied compared with 46.3% in 2016.

Burnie has 866 properties. Over the last 5 years, Houses in Burnie have seen a 89.15% increase in median value, while Units have seen a 64.60% increase. As at 31 July 2024:

  • The median value for Houses in Burnie is $449,818 while the median value for Units is $324,977.
  • Houses have a median rent of $388 while Units have a median rent of $280.
There are currently 9 properties listed for sale, and no properties listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Burnie.

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