8 Christina Ct, Geilston Bay is a 1 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 701m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Located in the popular suburb of Geilston Bay is this great opportunity to purchase a significant investment property with great rental return.
These three units deliver a total annual yield of approximately 5.6% with excellent long-term tenants already in place. This property is low maintenance with each unit containing one bedroom and one bathroom and an open living area & kitchen.
Unit 1 - $325 per week - No fixed term
The units are located in a great location in a private cul-de-sac and just 12 minutes to the Hobart CBD, surrounded by local schools and close to public transport, services, cafes and restaurants.
You don't want to miss out on this great opportunity on a great low maintenance investment property so please don't hesitate to contact Nick Cowley today.
The size of Geilston Bay is approximately 7.3 square kilometres. It has 14 parks covering nearly 22.4% of total area. The population of Geilston Bay in 2011 was 3,181 people. By 2016 the population was 3,047 showing a population decline of 4.2% in the area during that time. The predominant age group in Geilston Bay is 50-59 years. Households in Geilston Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Geilston Bay work in a professional occupation. In 2011, 82.5% of the homes in Geilston Bay were owner-occupied compared with 80.7% in 2016.
Geilston Bay has 1,654 properties. Over the last 5 years, Houses in Geilston Bay have seen a 54.13% increase in median value, while Units have seen a 30.33% increase. As at 31 October 2024:
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