TAS Property worth - Glenorchy

Discussion in 'Property Analysis' started by J&E, 29th May, 2017.

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  1. J&E

    J&E Active Member

    Joined:
    15th Dec, 2016
    Posts:
    27
    Location:
    Sydney
    Hi there,

    Can someone please provide me an idea of how much this property is worth? When it was sold in December last year it was sold by a owner occupier. The property is now an investment property and has a seperate bed sit and seperate level above as described in link below. The total rent per week is $600.

    7 Elliott Road, Glenorchy, Tas 7010 - Property Details
     
    Last edited: 29th May, 2017
    J&E, 29th May, 2017
    #1
  2. Webb

    Webb Active Member

    Joined:
    21st Mar, 2016
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    30
    Location:
    Sandy Bay - TAS
    Does the unit have its own power meter?
     
    Webb, 30th May, 2017
    #2
  3. J&E

    J&E Active Member

    Joined:
    15th Dec, 2016
    Posts:
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    Location:
    Sydney
    I think so. Whats the price difference you reckon if there was a seperate meter or not?
     
    J&E, 30th May, 2017
    #3
  4. Webb

    Webb Active Member

    Joined:
    21st Mar, 2016
    Posts:
    30
    Location:
    Sandy Bay - TAS
    Its just important to be truly separate in regards to renting. That street is an average Glenorchy st. I find with joint units downstairs it's not easy to get long term tenants. 315K sounds fair. Low CG area really. But that's a great CF+ cash cow!!
     
    Webb, 30th May, 2017
    #4