23/88 Agnes Street
Ranelagh, TAS 7109

Overview

23/88 Agnes Street, Ranelagh TAS

This is a unique opportunity to acquire three modern, nearly completed units (Units 23, 24, and 25) located privately at the rear of a newly developed complex on Agnes Street in Ranelagh. Each unit is thoughtfully designed with a practical layout featuring three bedrooms and two bathrooms, making them suitable for owner-occupiers or investors looking for low-maintenance properties within a single location.

The interiors of the units are close to completion, with only minor finishing touches remaining. Exterior works, including landscaping and driveway construction, are in the final stages following the removal of construction materials. These external works must be completed before a Certificate of Occupancy can be issued, at which point the properties will be ready for residential use. Titles are expected to be issued upon completion, allowing for settlement to proceed.

Rental income potential is strong, with estimated weekly returns of approximately $570 to $590 per unit once fully completed and certified. The availability of multiple dwellings within the same development is a rare find in the current market, offering flexibility to purchase individually or as a package.

Additionally, the development includes a two-bedroom, one-bathroom unit, providing an alternative option for investors, first home buyers, or those seeking a more accessible entry point into the property market.

Key Features:

• Units are internally near complete with minor finishing works pending.
• External landscaping and driveway works are nearing completion.
• Private positioning at the rear of the development ensures privacy.
• Strong rental potential with attractive estimated returns.
• Opportunity to purchase units individually or in combination.
• Near-new construction offers potential depreciation benefits.
• Floor plans and detailed specifications are available upon request.
• Settlement will occur following the completion of all works, subject to finalisation of timeframes.
• Located in the popular Ranelagh area, close to local amenities including a bakery and children's playground.
• Huonville shopping centre is only a few minutes away.
• Close proximity to public bus services.
• Conveniently positioned for a fast commute to Kingston and Hobart.

Prospective buyers are encouraged to enquire for further information, pricing details, or to arrange a private inspection. Please note that images have been enhanced for presentation purposes, and external areas are still being completed and may differ from those shown. It is recommended to inspect the property to fully understand the current condition and remaining works.

Location