33 Moriarty Road

Latrobe TAS 7307

Circa 1900, Como was originally constructed to operate as the Devon Hospital, expanded over the years, then used as the Nurses home and training facility for some 50 to 60 nurses. Como is ideally positioned with 3100 sq. metre site(approx.), visible on the main road into Latrobe, 5 minutes walk to the Mersey hospital, a short drive to Devonport Airport, Devonport City and Spirit of Tasmania Ferry.

With many changes over the years it now accommodates 6 separate apartments ranging from two to three bedrooms and one with 4 bedrooms, with the option of an existing seventh apartment to be developed (STCA). As an investment opportunity each apartment achieves on average $300 per week with long term tenancies, making a gross yield of 7-8% achievable!

The building is 742sq metres(approx.) inclusive of 22 bedrooms, 6 kitchens, 9 bathrooms, 7 living areas including spacious and unique entrance, ground and first floor with hand carved blackwood staircase, additionally 5 sub floor rooms approx. 95 square metres, i.e. cellar/s, service areas or workshop/s, as well as a large locked shed / garage of approx. 60 square metres, with 3 phase power connected. Complete with Sealed driveway and space for many cars.