16 Balaclava St, Invermay is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 311m2 and floor size of 133m2.This Property is currently listed for rent with The Agency Northern Tasmania
Discover an exceptional investment opportunity in Balaclava Street. This property offers a combination of prime location and excellent returns, making it a standout choice for savvy investors.
Key Features:
5 Bedrooms, 2 Bathrooms: Spacious and versatile, perfect for families or multiple tenants.
Decked Area: Enjoy both covered and uncovered outdoor spaces for relaxation and entertainment.
Ample Parking: Convenient parking for up to 3 cars, a rare find in such a central location.
Prime Location:
Walking distance to the CBD and University, making it highly attractive to students and professionals.
Proximity to UTAS Stadium, Inveresk Precinct, and Seaport offers recreational and cultural amenities at your doorstep.
Currently Rented with a Strong Return
This property is currently rented and generating a good return - Gross 8% - ensuring immediate income and a secure investment.
Don't Miss Out!
Invest in a property that offers both strong rental income and potential for future capital growth. Contact us today to learn more about this unique investment opportunity on Balaclava Street in Invermay!
Council Rates approx. $1700
Water Rates approx. $1100
The size of Invermay is approximately 4.1 square kilometres. There are 9 parks, covering nearly 21.5% of the total area. The population of Invermay in 2016 was 3061 people. By 2021 the population was 3498 showing a population growth of 14.3% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a professional occupation.In 2021, 46.50% of the homes in Invermay were owner-occupied compared with 44.00% in 2016.
Invermay has 2,062 properties. Over the last 5 years, Houses in Invermay have seen a 36.94% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2026:
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