6 / 4 Ellerslie Road, Battery Point

Secure an exceptional foothold in one of Hobart's most tightly held suburbs with this well-maintained 1950s apartment on prestigious Ellerslie Road. Situated in a boutique complex of just six, this property combines immediate rental income, low overheads, and long-term capital growth-all just steps from Salamanca, the waterfront, and Battery Point Village.

Low annual holding costs:

– Council Rates: $2,080 per annum (approx.)

– Water Rates: $800 per annum (approx.)

– Body Corporate: Approx. $1022 per annum

Short-term rental appraisal available on request – opportunity to significantly enhance returns in Hobart's thriving visitor market.

Sought-after suburb with consistently strong rental demand and capital growth prospects.

Location Benefits:

Positioned within walking distance to Battery Point Village, Salamanca Place, the CBD, and Hobart's waterfront precinct, this apartment offers an unbeatable lifestyle location for long-term tenants and holidaymakers alike.

Summary:

A proven income generator in one of Hobart's most iconic suburbs, this apartment is the ideal set-and-forget investment for those looking to enter or expand their portfolio. With an excellent tenant in place and future potential for short-stay accommodation, the numbers-and the location-speak for themselves.