$3,180,000
16-18 Smith Street, Devonport TAS 7310
Apartment
21
Block size: 1006 m² approx.
Astute Investors take note!! 10 x 2 Bed Unit Complex
Safeguard your future investment in Bricks and Mortar…
Safeguard your portfolio in one of the safest investment sectors…
Safeguard your passive income….
This particular CBD located property has outperformed many commercial superfunds for its owner over the last 14 years and they are now in the retiring phase of de-investing.
Current rent appraisals see the units comfortably reaching $320PW giving a gross yield of over 5.5%
Each 2-bedroom 1-bathroom unit has been renovated in recent times allowing the complex to enjoy a low maintenance future. Featuring a generous open plan kitchen dining living space. The neutral tones throughout and light filled with all day sun and off-street parking invites relaxed city living. Recent improvements include updated wiring, plumbing, new roof and guttering.
This unit complex is ideally located close to schools, gym, shops, restaurants, sporting facilities and a 5-minute stroll to Rooke St and the city's main commercial centre.
This property is very popular with tenants for all the above reasons guaranteeing a stable passive investment income for years to come….
Safeguard your portfolio in one of the safest investment sectors…
Safeguard your passive income….
This particular CBD located property has outperformed many commercial superfunds for its owner over the last 14 years and they are now in the retiring phase of de-investing.
Current rent appraisals see the units comfortably reaching $320PW giving a gross yield of over 5.5%
Each 2-bedroom 1-bathroom unit has been renovated in recent times allowing the complex to enjoy a low maintenance future. Featuring a generous open plan kitchen dining living space. The neutral tones throughout and light filled with all day sun and off-street parking invites relaxed city living. Recent improvements include updated wiring, plumbing, new roof and guttering.
This unit complex is ideally located close to schools, gym, shops, restaurants, sporting facilities and a 5-minute stroll to Rooke St and the city's main commercial centre.
This property is very popular with tenants for all the above reasons guaranteeing a stable passive investment income for years to come….
Inspections
No open inspections scheduled.
Send an enquiry
Contact Shane Clarke to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
2
Bathrooms:
1
Property type:
Apartment
Block Size:
1006 m²*
Other Details
Volume:
1
Folio:
107536
Legal description:
107536/1
Maps and area information
Block information
Block size: 1006m² (approx)
Legal description: 107536/1
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 7 apartments with 2 bedrooms that just sold near 16-18 Smith Street Devonport
What's nearby
Devonport Primary SchoolPrimary School
0.5km
Devonport High SchoolHigh School
0.6km
Mayne HealthHospital
6.4km
West Devonport Post OfficePost Office
0.9km
Tafe - DevonportTafe
0.5km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
31 May 2011
Sold
$638,000
Contract: 31/05/2011
Block size: 1822m²
Purpose: Flat/s
17 Jan 2001
Sold
$270,000
Contract: 17/01/2001
Block size: 1822m²
Purpose: Flat/s
10 May 1985
Sold
$164,400
Contract: 10/05/1985
Devonport suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
14,481
Listing ID: 182217837. This listing has been viewed 18 times. It was first displayed on 15/01/2024 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.