1/25 Richardson Ave, Dynnyrne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1945. The property has a land size of 131m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Secure Block of 6 units | Current Rental Return: $650 per week | Low Maintenance Investment
Sophistication and history intertwine in this exquisite Art Deco inspired residence. With its roots tracing back to the 1940s, the thoughtfully designed complex captures the nostalgia of a golden age while offering every modern luxury, ensuring zero capital expenditure is required for tenant readiness.
Positioned in the tightly held, high-demand suburb of Dynnyrne, this secure complex of 6 apartments represents the ultimate "set and forget" addition to a wealth portfolio. Offering exceptional asset stability, and a reliable $650 per week return, this low-maintenance asset delivers immediate, reliable cash flow from day one alongside exceptional potential for long-term capital growth.
Upon arrival at the quiet cul-de-sac, the grandeur of the complex is immediately apparent, where secure entry through double doors framed by mirrored panels sets a premium tone for tenants and investors alike.Inside, the living spaces are adorned with timber-look panelling and an open, sun-drenched layout. The stylish kitchen is a culinary delight, with quality appliances, and a cleverly designed adjustable-height floating bench creates remarkable versatility for dining or entertaining.
This home bathes in natural light through expansive double-glazed windows, offering breathtaking vistas of the Tasman Bridge, Wrest Point Casino, and the River Derwent stretching towards the Eastern Shore. A superb curved feature window from the main living also offering a prime position to indulge in these views over Hobart.
Light-filled bedrooms enjoy afternoon sunshine and are fitted with built-in robes, while the master retreat indulges with a generous, newly renovated ensuite. Double-glazed European tilt-and-turn windows provide exceptional insulation and quiet, while a reverse-cycle heat pump and airlock entrance ensure optimal interior temperature control year-round, significantly reducing ongoing maintenance and energy consumption.
Outdoor living spaces further elevate the property's competitive edge in the rental market providing a private patio in addition to a communal rooftop terrace offering unparalleled panoramic views of kunanyi/Mount Wellington, Hobart, and beyond.
Practicality meets style throughout the layout, featuring a thoughtfully designed home office neatly integrated with a European-style laundry, alongside the added tenant convenience of off-street parking for one vehicle.
Just moments from Hobart's CBD, boutique shops, and excellent public transport, and with UTAS within easy reach, this property boasts an incredibly low vacancy risk. Investors can easily tap into the premium long-term rental market.
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The size of Dynnyrne is approximately 1.6 square kilometres. There are 5 parks, covering nearly 6.8% of the total area. The population of Dynnyrne in 2016 was 1577 people. By 2021 the population was 1633 showing a population growth of 3.6% in the area during that time. The predominant age group in Dynnyrne is 20-29 years. Households in Dynnyrne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dynnyrne work in a professional occupation.In 2021, 64.30% of the homes in Dynnyrne were owner-occupied compared with 63.50% in 2016.
Dynnyrne has 726 properties. Over the last 5 years, Houses in Dynnyrne have seen a 17.06% increase in median value, while Units have seen a 4.53% increase. As at 30 June 2026:
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