1/21 Kalang Avenue

Lenah Valley TAS 7008

There is certainly plenty of value with this opportunity considering building and land costs, rental yield, significant planned infrastructure projects in the pipeline, Hobart is becoming increasingly a destination to live and work.

Features include:

- Fabulous views of Mount Wellington
- 3 generously sized bedrooms, master with built-ins
- Well-presented bathroom, separate toilet & laundry
- Private and peaceful position
- Generous garden
- Plenty of storage and off street parking
- 6km to the city, great local shops, schools & cafes
- Ideal for first home owners, investors or downsizers

About Lenah Valley
The Lenah Valley newly upgraded popular Augusta Road retail and caf precinct is just down the road and has a chemist, doctors surgery, cafes, post office and many other shops. Backing onto the New Town Rivulet you can soak up the fresh air in the leafy surrounds and enjoy the many bushwalking trails on offer. With many local amenities such a restaurants, schools, shopping centres and Calvary Hospital easily accessible, and under 10 minutes to Hobart City you can see why Lenah Valley is a sought after Western Shore suburb. This sought after suburb has a current median of $860,250.

With interest rates at an all-time low and over $15 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, Hobart remains a solid city to be investing in, with the central suburbs surpassing the $1m barrier. Over the last seven years Hobart has taken the mantle of the best-performing property market in the nation. Demand is currently high with stock levels low and we encourage you to get in quick on this opportunity.

Built: 1965
Construction: Brick
Heating: Electric
Council Rates: Approx. $1,600 pa
Rental Appraisal: Approx. $595 pw