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Shepherd & Heap Pty Ltd - LAUNCESTON

Address available on request Latrobe, TAS 7307

Address available on request,
Latrobe, TAS 7307

Hotel, Motel & Leisure

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Sold

$4,650,000

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Land area

Floor area

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Shepherd & Heap Pty Ltd - LAUNCESTON
Joel Harwood
Blake Shepherd

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON
Address available on request
Latrobe, TAS 7307

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Two Entire Unit Complexes - Ultra Rare Opportunity

Shepherd & Heap is proud to present the divestment of both 88 Hamilton Street and 14 Hawkins Street, Latrobe two sites comprising 12 near new units in total For Sale by Formal Offer Closing Wednesday 1st March 2023 together or separately in two parcels.

88 Hamilton Street
- 5x three bedroom ranging in size from 131m2 - 140m2 including single garage
- 2x two bedroom 119m2 including single garage
- All spacious in design with modern features throughout
- All low maintenance brick and colorbond
- Constructed circa 2011 within new subdivision
- 3,075m2 land area, 1 freehold title with immense frontage of 56m
- Combined income: $119,120pa

14 Hawkins Street
- 5x two bedroom detached low maintenance brick and tile
- 106m2 in total including single garage per unit
- Constructed circa 2011
- 2,386m2 land area, 1 freehold title
- Private and quiet internal block in established area only 200m from Hospital
- Combined income: $81,800pa

11 units are leased under the Private Rental Incentive Scheme until 1 November 2023, 1 unit at 88 Hamilton is subject to a private lease until 23 October 2023. The PRIS is a Tasmanian Government initiative delivered by Centacare Evolve Housing whereby landlords receive surety of income with subsidised rental being paid directly from Centacare. Our client would like to see these assets stay under the scheme with the new owner/s

The Information Memorandum, a full list of photos and the building plans are available upon request.

For further details contact Blake Shepherd or Joel Harwood.

Property ID: 504243660Last Updated: 26 May 2023

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