4 Hodgman Street
Burnie TAS 7320
- 9 Bed
- 4 Bath
- 7 Parks
Offers Above $940,000
INCOME PRODUCING INVESTMENT OPPORTUNITY
Nestled just a short stroll from Burnie's bustling CBD, this rare and secluded property combines timeless character with modern amenities. It is surrounded by lush, established gardens that frame stunning views of the city and ocean.Built-in 1938 in the Tudor Revival style, this elegant residence exudes the architectural charm inspired by the golden age of Hollywood. The influence of 1930s cinema is evident in the home's storybook details and romantic design, evoking a sense of timeless sophistication and glamour.
Investors, Take Note of These Attractive Features:
Strong Income Potential: Currently returning $1,200, this property is already delivering a substantial 6.3% yield.
Multiple Investment Strategies: Choose to maximise your return with these flexible options:
- Rent the home and all apartments individually for maximum income.
- Live in the charming Tudor Revival main residence and let the apartments generate passive income through long-term tenancies or popular short-term rentals like Airbnb.
Alternatively, utilise the apartments to accommodate extended family members or establish a multi-generational living arrangement.
Property Highlights:
Stately 5-Bedroom Tudor Revival Home: This beautiful home is rich in period features like leadlight windows, high timber beams, and a picturesque faade reminiscent of classic Hollywood glamour. It is currently leased at $400 per week.
2 - Bedroom Unit: Tenanted at $270 per week, offering solid rental income.
1 - Bedroom Unit (First): Consistently occupied with rent of $240 per week.
1 - Bedroom Unit (Second): Recently refurbished and achieving a premium rental rate of $290 per week.
Whether you're an investor seeking a high-calibre asset or a buyer in search of an extraordinary lifestyle property with income potential, this versatile offering delivers on all fronts. Properties of this nature, so close to Burnie's CBD and with significant earning capacity, are a rare find!
The Allure of Tudor Revival Style: The property's architecture draws inspiration from the advent of Hollywood's golden age in the 1930s when glamorous and romantic Tudor homes became synonymous with luxury. The home's elegant design is a perfect blend of old-world charm and modern functionality.
For further details or to arrange a viewing, don't hesitate to contact us today.
Your next outstanding investment opportunity awaits!
Disclaimer: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Features
General Features
- Property Type: House
- Bedrooms: 9
- Bathrooms: 4
- Land Size: 2,810sqm
Indoor Features
- Toilets: 4
- Airconditioning
- Built In Wardrobe
Outdoor Features
- Garage Spaces: 1
- Open Car Spaces: 4
- Carports: 2
- Courtyard
- Shed
Other Features
- Car Parking - Surface
- Carpeted
- City Views
- Close to Shops
- Close to Transport
- Heating
Can I afford 4 Hodgman Street?
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Elders Real Estate Burnie
Enquire about 4 Hodgman Street, Burnie, TAS, 7320