FOR SALE
$200,000

Contact Agent For Address
Hobart TAS 7000

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AIRBNB PROPERTY INVESTMENT . UNIQUE INVESTMENT. RETIRE IN ONE YEAR

Phone enquiries - please quote property ID 31393.
If you are earning a regular income and have borrowing capacity you can retire in one year. In the 37cts tax bracket, double your income in one year @ $120,000 per year. In the 45cts tax bracket, we can retire you @ $180,000 per year.
Housing Affordability Tasmania Pty Ltd is a business providing affordable rental accommodation as well as Airbnb. We have recently decided that it is more profitable to invest as tenants in common in equal shares rather than a company.
We have 2 investments available @ $205,000 each
1. Geeveston Development
Unencumbered acreage block of 8094m2 to build 32 units ( 24 x 1 Bedroom + 8 x 2 Bedroom). This property has a council valuation of $170,000, is zoned Village and because of the 32 properties that can be built on it , we have estimated the value @ $15,000 per building or $480,000
We have to construct a road and infrastructure estimated to cost $120,000.
We will then build on the acreage block in 2 stages ( with some sub-stages)
Stage 1 will be 16 x 1-bedroom units , 3 x 2-bedroom units and 12 garages with a net income on borrowed money of $94,182 per partner.
Stage 2 will be 8 x 1 Bedroom and 5 x 2 Bedroom for a net return of $54,493 per partner
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Property Details for Contact Agent For Address, Hobart

Building Type
Commercial

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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation. In 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016.

Hobart has 3,045 properties. Over the last 5 years, Houses in Hobart have seen a 19.57% increase in median value, while Units have seen a 10.13% increase. As at 30 November 2024:

  • The median value for Houses in Hobart is $998,201 while the median value for Units is $721,739.
  • Houses have a median rent of $540 while Units have a median rent of $580.
There are currently 14 properties listed for sale, and 30 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Hobart.

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