29 Begonia St, Lindisfarne is a 5 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1962. The property has a land size of 683m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Discover a rare find in Lindisfarne, set on a generous 683sqm parcel, this property comprises of four approved flats on one title, each enjoying picturesque views over the Derwent River to kunanyi/Mt Wellington. This is the first time 29 Begonia Street has been offered for sale in over 25 years, experiencing 100% occupancy throughout this time. Currently yielding a strong rental income of $1,557 per week, this passive investment is fully tenanted, providing a stable and attractive income stream.Property Highlights:Unit 1: 1 bedroom, living room, kitchen, bathroom, and car park.Unit 2: 1 bedroom, living room, kitchen, bathroom, and car park.Unit 3: 1 bedroom, living room, kitchen, bathroom, and secure garage.Unit 4: 2 bedrooms, large living room, kitchen, bathroom, and secure garage.Located just minutes from all the conveniences of Lindisfarne Village, with easy access to shops, cafs, healthcare, public transport, and scenic parks and walking tracks.Key Features:-Strong rental yield at $1,557 per week-Four non-strata units on a single title-Turn key investment-Reliable tenants in place; no Body Corporate fees-Short stroll to Lindisfarne Village, parks, and schools-10 minutes to Hobart CBD-Rates approx. $2,885 p.a. -Water rates approx. $3,500 p.a.-NBN connected to all units-Includes 2 garages and 4 off-street parking spaces-Prime Lindisfarne location with stunning viewsDon't miss this exceptional opportunity to secure a stable, high-yield asset in one of Hobart's most sought-after areas!Please note the vendors reserves the right to accept an offer prior to the Expressions of Interest closing. * The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
The size of Lindisfarne is approximately 6.9 square kilometres. There are 8 parks, covering nearly 25.0% of the total area. The population of Lindisfarne in 2016 was 6179 people. By 2021 the population was 6639 showing a population growth of 7.4% in the area during that time. The predominant age group in Lindisfarne is 30-39 years. Households in Lindisfarne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lindisfarne work in a professional occupation.In 2021, 70.00% of the homes in Lindisfarne were owner-occupied compared with 71.30% in 2016.
Lindisfarne has 2,858 properties. Over the last 5 years, Houses in Lindisfarne have seen a 13.15% increase in median value, while Units have seen a 17.95% increase. As at 30 June 2026:
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