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About this property
A standout investment opportunity in the heart of sought-after Mount Nelson, this unique property offers two separate homes plus a self-contained studio, delivering multiple income streams and an attractive 5.6% gross rental return. Whether you're looking to expand your investment portfolio, accommodate extended family, or secure a property with exceptional flexibility, this is an opportunity that is rarely available. Property Features: * Two fully self-contained homes on one title * Separate self-contained studio offering additional income potential * Private rear lane access to second house * Returning approximately 5.6% gross yield * Multiple tenancy options for maximum flexibility * Strong rental demand in a highly desirable location * Ideal for investors, multi-generational families or those seeking a live-in, rent-out lifestyle * 5 minutes walk to Mt Nelson General Store for great coffee and fresh food * 8 minutes walk to local primary school * Combined rental estimate $1315 per week The property enjoys easy access to the University of Tasmania, Hobart CBD, Sandy Bay shopping precinct, excellent schools, public transport and local walking tracks. Properties offering this level of versatility, strong returns and long-term growth potential are exceptionally hard to find. Contact us today to arrange your private inspection and discover the possibilities at 444 Nelson Road, Mount Nelson.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 4
- Land Area
- 1016 m²
- Listed
- 2 days ago
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Neighbourhood
Living in Mount Nelson
This 5-bedroom house in Mount Nelson, TAS 7007 sits within reach of public transport, local shops and nearby schools.
Schools near Mount Nelson
- Mount Nelson Primary Schoolprimary · K-6 · CoEd
- Hobart Collegesecondary · 11-12 · CoEd
What's nearby
- Nelson Rd Stop 24 Out (bus) — 30 m away
- Duncan's — 204 m away
- Mount Nelson Oval and Playground — 752 m away
- Unnamed — 1.4 km away
- Unnamed — 1.5 km away
Mount Nelson at a glance
Full suburb profile- Population
- 2,749
- Median age
- 40
- Household income
- $1,687/wk
- Median rent
- $320/wk
- Median mortgage
- $1,586/mo
Source: ABS Census.
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Suburb market
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Mount Nelson price trend
Median sold · House 4 bed
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