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Latrobe TAS 7307
Sold on 26 May 2023

Latrobe TAS 7307

  • Hotel, Motel, Pub & Leisure
  • 1,292 m²
  • Sold, $4,650,000

Two Entire Unit Complexes - Ultra Rare Opportunity

    Shepherd & Heap is proud to present the divestment of both 88 Hamilton Street and 14 Hawkins Street, Latrobe two sites comprising 12 near new units in total For Sale by Formal Offer Closing Wednesday 1st March 2023 together or separately in two parcels.

    88 Hamilton Street
    - 5x three bedroom ranging in size from 131m2 - 140m2 including single garage
    - 2x two bedroom 119m2 including single garage
    - All spacious in design with modern features throughout
    - All low maintenance brick and colorbond
    - Constructed circa 2011 within new subdivision
    - 3,075m2 land area, 1 freehold title with immense frontage of 56m
    - Combined income: $119,120pa

    14 Hawkins Street
    - 5x two bedroom detached low maintenance brick and tile
    - 106m2 in total including single garage per unit
    - Constructed circa 2011
    - 2,386m2 land area, 1 freehold title
    - Private and quiet internal block in established area only 200m from Hospital
    - Combined income: $81,800pa

    11 units are leased under the Private Rental Incentive Scheme until 1 November 2023, 1 unit at 88 Hamilton is subject to a private lease until 23 October 2023. The PRIS is a Tasmanian Government initiative delivered by Centacare Evolve Housing whereby landlords receive surety of income with subsidised rental being paid directly from Centacare. Our client would like to see these assets stay under the scheme with the new owner/s

    The Information Memorandum, a full list of photos and the building plans are available upon request.

    For further details contact Blake Shepherd or Joel Harwood.

    Property Highlights

    Date Sold26 May 2023
    Sold Price$4,650,000
    Floor Area1,292 m²
    Land Area5,461 m²
    ParkingAsk Agent
    Property ID2018321560
    Category
    Last updated  26 May 2023
    Map for Latrobe TAS 7307

    Property Highlights

    Date Sold26 May 2023
    Sold Price$4,650,000
    Floor Area1,292 m²
    Land Area5,461 m²
    ParkingAsk Agent
    Property ID2018321560
    Category
    Last updated  26 May 2023
    49 Cameron Street Launceston TAS 7250

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