1/107 Montagu Street

Positioned within the highly sought-after suburb of New Town, this well-maintained one-bedroom unit presents an outstanding opportunity for first home buyers and investors alike. Currently tenanted until July 2026 for $380per week, the property offers a secure and hassle-free addition to any portfolio, with reliable returns from day one. The home features a light-filled open plan living and kitchen area, designed for practical everyday living. Electric heating ensures comfort throughout the cooler months, while the layout maximises both space and functionality. A personal balcony extends from the living zone, providing a pleasant outdoor space to unwind. Accommodation comprises a generously sized bedroom complete with built-in robes and shelving space, serviced by a combined bathroom, laundry and toilet. Positioned on the top floor of a quiet complex, the property enjoys a sunny aspect and low-maintenance appeal. Set just minutes from New Town Plaza, local schools, public transport and everyday amenities, and approximately 10 minutes from the Hobart CBD, the location continues to support strong long-term value and consistent appeal. A smart, low-maintenance investment with secure income already in place, this is an ideal opportunity for both seasoned investors and those looking to enter the market with confidence. Well-maintained one-bedroom unit ideal for investment Tenanted until 20 July 2026 at $380 per week Secure, hassle-free income from day one Light-filled open plan living and kitchen area Electric heating for comfort in the cooler months Personal balcony extending from the living zone Generous bedroom with built-in robes and shelving Combined bathroom, laundry and toilet Top floor position within a quiet complex Sunny aspect with low-maintenance appeal Minutes to New Town Plaza, schools and public transport Approximately 10 minutes to Hobart CBD Ideal for both seasoned investors and those entering the market Council rates approx. $1,380pa Water rates approx. $ 1,200pa Body Corporate $2,600pa