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24863
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Tasmania 7011

$485,000

Type: House

Floor (sqm): 113

Land (sqm): 670

Bedrooms: 3 Prop-GPT: Bedrooms  Bathrooms: 1 Prop-GPT: Bathrooms


Prime investment opportunity in capital growth hotspot

Perfectly positioned in a sought-after pocket of Claremont, this split-level weatherboard home presents an excellent opportunity for savvy investors to secure a strong-performing asset with immediate rental income and long-term growth appeal.

The home features a modernised kitchen, recently renovated bathroom, and spacious open-plan living and dining areas, kept comfortable year-round with a Panasonic heat pump. Offering three good-sized bedrooms plus a study/rumpus or potential fourth bedroom, the flexible floorplan appeals to a wide range of tenants.

Outside, the property boasts a fully fenced, low-maintenance backyard complete with a children's play area and veggie patch - perfect for families seeking a safe and practical space. With off-street parking for multiple vehicles, NBN connected, and proximity to schools, shops, transport, and services, tenant demand is assured.

Currently leased at $490 per week, investors will be impressed by a combination of strong capital growth potential (+121% past 10 yrs* ) and high gross yield (approx. 5.3%),.

Claremont offers a relaxed suburban lifestyle with stunning views of the River Derwent and Mount Wellington. Known for its family-friendly atmosphere, it boasts excellent schools, parks, and community facilities. Residents enjoy easy access to shops, cafs, and services, while being just a short drive from Hobart's CBD. The suburb blends history and modern living, with the iconic Claremont House and nearby MONA adding cultural charm. Outdoor enthusiasts benefit from walking trails, sporting clubs, and waterfront activities. Affordable housing, strong community spirit, and a safe, peaceful environment make Claremont an ideal place to call home for families, retirees, and professionals alike.

Key Features:

Strong rental return of $490 per week

Renovated bathroom & modernised kitchen

3 bedrooms plus study/rumpus or 4th bedroom option

Open-plan living/dining with reverse-cycle heating

Fully fenced, child & pet friendly yard

Off-street parking for multiple vehicles

Short distance to schools, shops, and public transport

Whether you're expanding your portfolio or seeking a set-and-forget investment, 40 Mason Street offers both stability and growth potential in Hobart's northern suburbs.

Council Rates: $2,000 (Approx p.a.)

Water Rates: $1,500 (Approx p.a.)

Rental income: $490 p.w.

Lease end: 01/09/2026

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.

Added 05 September, 2025
Property ID: #L36322788

Address

40 Mason Street, CLAREMONT, TAS 7011 7011

Claremont, TAS 7011, TAS





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