128A Augusta Road
Lenah Valley TAS 7008
- 14 Bed
- 5 Bath
- 3 Parks
Expressions of interest close 11/12/25 at 4pm AEDT
Outstanding investment opportunity - 10 year lease
Elders is pleased to present an outstanding investment opportunity to the market comprising 128a Augusta Road and 2 Haig Street, Lenah Valley. These two properties are available for purchase individually or as a combined portfolio and will be sold subject to a secure 10-year leaseback to Hobart City Mission.Purpose-built and redeveloped to meet accessibility requirements, both properties are utilised for supported independent living, featuring level access, lifts, handrails, wide doorways, and fully accessible amenities.
* Situated in the highly sought-after residential suburb of Lenah Valley, 4* km north-west of Hobart CBD.
* Exceptional convenience, just 100* metres from Lenah Valley's village precinct, offering a range of local amenities including grocery store, pharmacy, newsagent, bakery, cafés, and service station.
* Secure 10-year leaseback to Hobart City Mission, commencing at $60,000 pa per property with annual rent increases to the greater of 3% or CPI.
* Set and forget, low-maintenance investment – tenant responsible for all outgoings
* Hobart City Mission is a well-established charitable organisation, serving Tasmania since 1852.
* 128a Augusta Road contains 6 bedrooms and 3 bathrooms with a building area of 230 sqm* whilst 2 Haig Street has 8 bedrooms 2 bathrooms plus a powder room and has a building area of 264 sqm*.
Features
General Features
- Property Type: House
- Bedrooms: 14
- Bathrooms: 5
- Building Size: 684sqm
- Land Size: 1,019sqm
Indoor Features
- Toilets: 5
Outdoor Features
- Open Car Spaces: 2
- Carports: 1
Can I afford 128A Augusta Road?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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