As we were putting together this client’s Game Plan™, Tasmania emerged as the most suitable state to purchase in. They were looking to repatriate to Australia – specifically, in the Tassie capital of Hobart – which meant we needed to find them a property that could work as both an investment and a future home.
Our client had to be close to Hobart’s CBD, so we kicked off our search on the east and west banks of the Derwent River. We wanted to find a home with distinct character – ideally an early 1900s or mid-century dwelling, the latter of which was our client’s preferred style.
However, due to the rapidly rising popularity of mid-century homes in Hobart, we knew we needed to act quickly to secure the right property. So, we conducted a substantial portion of our due diligence before the offer was submitted, which would ensure our client could enter a compelling offer with minimal conditions.
The hard work paid off. We were able to secure a house for $797,000 in the riverside suburb of Howrah, which was one of our top choices due to its perfect mix of lifestyle and investment fundamentals, and the fact that it fit our client’s budget.
The home is a three-bedroom, one-bathroom mid-century residence on a spacious 741m2 corner block. The interior is well maintained, with several character features still intact, an open-plan layout, modern bathroom and gorgeous Tasmanian oak floors.
It’s also located close to Little Howrah Beach and Shoreline Plaza, and is within commuting distance of Hobart’s CBD. From an investment potential, it has the opportunity to renovate and is poised for future growth. In short, it ticked every single one of our client’s boxes.
If you’re looking to purchase an investment property, expand your existing portfolio or find a family home, get in touch to discover how Brad and the Milk Chocolate team can help.
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