FOR SALE
Offers over $375,000

58 Charles Street
Moonah TAS 7009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
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Exciting investment or first home opportunity

Buy one or buy all! An incredible opportunity awaits to acquire one or all four townhouses within a prime location in vibrant Moonah. With great potential rental returns offering an attractive yield, these townhouses are an investor's dream. Currently tenanted with reliable occupants, they also offer the option to purchase vacant, making them ideal for first-home buyers, downsizers, or anyone seeking a low-maintenance and convenient property.
Lovingly and solidly built in 1986, these townhouses are coming to the market for the very first time. Each property boasts an interior of 81 square meters, thoughtfully designed with a practical floorplan and everyday living in mind. All four feature an open plan living, dining, and kitchen area, two well-sized bedrooms with built-in wardrobes, a functional bathroom with a separate shower, bath, and WC, and a separate laundry with outdoor access.
The external land sizes offer a unique distinction for each townhouse: Unit 1 spans 197sqm, Unit 2 covers 167sqm, Unit 3 sits on 198sqm, and Unit 4 offers a generous 216sqm. Each townhouse also includes a covered carport parking and lockup storage.
The townhouses have been well-maintained over the years, while still providing plenty of scope to further add value to maximize rental returns. With a rental potential of $420–$450 per week per townhouse, this is a remarkable opportunity for savvy investors to expand their property portfolio.
Located within walking distance of Moonah's bustling shopping precinct and with easy access to public transport, these properties offer an exceptional opportunity to secure solidly built, well-designed and low maintenance homes in a desirable suburb only 5 kilometers to Hobart.

Property Details for 58 Charles St, Moonah

58 Charles St, Moonah is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1986. The property has a floor size of 81m2. The place is currently for sale with Elders Tasmania.

Building Type
Townhouse
Year Built
1986
Floor Size
81m2

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About Moonah 7009

The size of Moonah is approximately 2.8 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Moonah in 2011 was 5,126 people. By 2016 the population was 5,404 showing a population growth of 5.4% in the area during that time. The predominant age group in Moonah is 50-59 years. Households in Moonah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moonah work in a professional occupation. In 2011, 63.1% of the homes in Moonah were owner-occupied compared with 59.6% in 2016.

Moonah has 3,093 properties. Over the last 5 years, Houses in Moonah have seen a 45.59% increase in median value, while Units have seen a 43.76% increase. As at 30 November 2024:

  • The median value for Houses in Moonah is $634,418 while the median value for Units is $471,400.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Moonah on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Moonah.

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Elders Tasmania
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