36 Elwick Road

Glenorchy TAS 7010

Two Homes, Endless Options Multi-Family Living, Dual Investment, or First-Home BuyersHomes like these rarely come to market together.Welcome to 36A & 36B Elwick Road, Glenorchy - two beautifully updated, high-performing homes ready for separate titles, available to purchase either individually or together.Perfect for multi-generational families, first-home buyers, investors, or large family groups, these properties offer incredible flexibility in one of Glenorchy's most convenient locations.Situated minutes from Northgate, Glenorchy cafs, healthcare services, transport and schools - and only 10 minutes to Hobart CBD - this is a blue-chip location with high rental demand. Perfect For: Multi-Family BuyersParents + adult childrenSiblings living side-by-sideFamilies supporting ageing parentsTwo households wanting independence + connection First-Home BuyersSecure a stylish, renovated home (36A) - or purchase both and live in one while the other pays your mortgage. Investors (High Yield)Collect a combined $1,670 per week current rental return:36A: $585/week36B: $1,085/week (3 individual leases)Both dwellings offer strong yield, low vacancies and excellent tenant appeal. SMSF, dual-income investors, or passive-income buyersRecent construction, low maintenance, and high occupancy = ideal pain-free investment. PROPERTY 1: 36B Elwick RoadHigh-Yield Sharehouse | 3 Rooms with Independent EnsuitesOffers Over $625,000Rental Income: $1,085/week (3 individual tenancies)A recently built, high-quality income earner featuring:3 king-sized bedroomsEach with: private ensuite, built-in robe, kitchenette & independent accessSpacious shared living areaCentral kitchen, additional bathroom & laundry4 reverse-cycle heat pumpsDouble glazing, full insulation (6-star rating)Flat, low-maintenance lotBuilder's warranty remainingWhy it's a top investment:High occupancyExtremely strong returnsPerfect for student housing, professionals, FIFO, care workersOn bus route10 mins to CBDNear major shops & services PROPERTY 2: 36A Elwick RoadSpacious, Fully Renovated Family Home | Available VacantGuide: $525,000$565,000Rental Appraisal: $580$620/weekCurrent Tenancy: $585/weekRecently renovated with:Rendered polystyrene exteriorDouble glazing6-star energy ratingNew kitchen, bathroom, flooringLight-filled, modern layout3 bedrooms, 2 bathroomsStylish open-plan livingLarge fenced outdoor areaOff-street parkingMove-in-readyAvailable with vacant possessionIdeal For:First-home buyersBusy familiesDownsizersInvestors wanting low-maintenance, modern rental stock BUY ONE OR BUY BOTH - FLEXIBLE LIVING OPTIONSMulti-Family Living (Best of Both)36A becomes the main family home36B becomes:A completely private home for parentsA home for adult childrenA home for extended family membersA rental income boosterLive close - but with total privacy.Live in One, Rent the OtherPerfect for first-home buyers or young families:Move into the stylish, fully renovated 36AUse the high-yield 36B to pay down your mortgageThis strategy can offset repayments by up to 6070%.Dual Investment Package (Investor Gold)Combined current rent: $1,670 per weekStrong yieldLow maintenanceSeparate titlesHigh tenant demandFuture-proof locationA perfect "set-and-forget" investment. LOCATION - Strong Rentals & Lifestyle ConvenienceMinutes to Northgate Shopping CentreMajor caf stripWoolworths & ColesHealthcare centresBus route out front10 mins to Hobart CBDGyms, schools, childcare nearbyGlenorchy is one of Hobart's highest-demand rental corridors, ensuring consistent occupancy for years to come.