Warrane, TAS
Turnkey Asset Positioned for Income and Future Upside
Purchased: $670,000
Projected STR Revenue: $67,000 p.a.
Setup Cost: $15,000 Furnishing
Future Upside: Ancillary Dwelling Potential
- SMSF acquisition secured in highly contested conditions
- Roof already replaced with major works completed
- Future value creation through ancillary dwelling potential
Purchased at $670K after competing against 17 contracts, this asset was secured through fast execution and clear positioning.
Located in one of Hobart’s strongest inner-east suburbs, the property was personally inspected and selected for its clean fundamentals and minimal setup requirements.
Major works have already been completed including roof replacement, allowing the strategy to focus on furnishing and activation rather than renovation.
With future ancillary dwelling potential, the property combines immediate income with additional upside over time.