4 Gerrard Street, Moonah

Superb existing return, huge further potential.

Occupying a commanding position within a prominent Moonah street, this impressive property consists of 3 x 1 bedroom flats and 1 x 2 bedroom flat, all complete with ample parking and storage units bringing in a combined weekly total income of $875, with scope for improvement.

Each top flat, comprises of a large single bedroom, a large bathroom and a substantial sunny open plan living and kitchen area, each opening up to the sunny walkway that runs parallel to the property.

The bottom flat is the largest of all four, with a large living room, two bedrooms and a separate toilet.
On this level there are also two substantial storage units, each may be suitable for transformation to realise additional income.

The location itself is within a few minute's driving of Moonah's central business district, close to the Hobart CBD and close to a host of schools, supermarkets, cafes and restaurants.

This solid property will ideally suit astute investors wishing to purchase within a prime location on the fringe of two cities, providing a great income, with scope to improve the return through renovation or further development S.T.C.A further utilising the expansive storage areas or carpark.