130 King St, Dynnyrne is a 2 bedroom, 2 bathroom House with 2 parking spaces.
Freestanding house configured as two strongly performing rental units, each with its own separate title. This is a blue-chip investment opportunity not to be missed with over $42,600 p.a. in gross income.
Built c1920, the property consists of two modernised one-bedroom flats, each complemented with a kitchen-dining area, formal lounge and a bathroom-laundry.
The building sits on a deep block with two undercover parking spaces, two storage sheds and offers excellent value add potential via a multi-dwelling development (STCA).
Offering an exceptional location, this home is steps away from a local grocer, butcher and public transport and is in close proximity to a comprehensive suite of amenities and attractions: Sandy Bay and South Hobart shops, Hill Street Grocer, UTAS, Princes Street Primary School and Fitzroy Gardens.
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Living area:
Unit 1- 70m
Unit 2- 87m
Land area: 830m
Approx outgoings per unit:
Council Rates - $1,622 p.a.
Water Rates - $960 p.a.
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 16.95% increase in median value, while Units have seen a 16.33% increase. As at 30 April 2026:
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