Waterside Old Beach TAS – 3 Bedroom Investment with 6.00% Yield
Waterside Old Beach TAS – 3 Bedroom Investment with 6.00% Yield
3 Bed
2 Bath
245m²
555 m²
2 Garages
From $1,100,000
Welcome to Waterside Old Beach, a premium investment opportunity in Hobart’s growing northern corridor. This available property at 75 Fouche Avenue offers a spacious 245m² home on 555m² of land, featuring 3 bedrooms, 2.5 bathrooms and 2 car spaces. With a price of $1,100,000, projected annual rental income of $66,388.68, and an estimated 6.00% yield, it presents a strong lifestyle and investment option in a suburb recognised for growth, natural surroundings and accessibility to Hobart CBD.
Old Beach TAS
Description
Investment Opportunity – Waterside, Old Beach TAS
Positioned within the boutique Waterside development at 75 Fouche Avenue, Old Beach, this premium townhouse investment offers a rare combination of lifestyle appeal, strong rental return and long-term growth potential. Set within an intimate waterside collection of only 15 distinctive townhouses, the development is designed around the natural beauty of Old Beach, with the Derwent River, Mount Direction views and riverside walking tracks forming part of the surrounding lifestyle appeal.
This available Unit 12 features a spacious 245m² residence on a 555m² landholding, offering 3 bedrooms, 2.5 bathrooms and 2 car spaces. With a purchase price of $1,100,000, projected annual rental income of $66,388.68, and an estimated 6.00% yield, the property presents a strong option for investors seeking a quality asset in Hobart’s growing northern corridor.
The home is supported by a modern inclusion package featuring stone benchtops, overhead kitchen cabinetry, Westinghouse appliances, dishwasher, tiled splashback, ceramic tiling, chrome tapware, glass showers, built-in robes, roller blinds and a Daikin heat pump.
Old Beach is recognised for its balance of nature, lifestyle and accessibility, with the Waterside brochure noting direct access to foreshore walking tracks, proximity to MONA, local parks, vineyards, golf, Hobart CBD and surrounding amenities.
A well-positioned lifestyle investment offering strong rental appeal, quality finishes and exposure to one of Greater Hobart’s attractive waterside growth locations.
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$1,100,000
25 years
6.00%
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