Lot 87 Risdon Vale TAS-0
Lot 87 Risdon Vale TAS-1

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Lot 87 Risdon Vale TAS-0 Lot 87 Risdon Vale TAS-1

Overview

Property ID: LA-18893

  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 215

Details

Updated on Oct 10, 2025 at 11:29 am

Property Type: Dual Occupancy
Price: $ 979,900
Land Price: $ 290,000
Build Price: $ 689,900
Gross Per Week: $ 720
Gross Per Annum: $ 37,440
Gross Yield: 3.82%
Capital Growth 12 Months: -2.43%
Capital Growth 10 Year Annualised: 10.43%
Vacancy Rate: 0.26%
Property Size: 215 m2
Land Area: 655 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: TBA
Property ID: 18893
SKU: 1026

Description

This is an exceptional full turnkey dual occupancy property investment located in Risdon Vale, TAS. This House and Land package is thoughtfully configured for two completely separate dwellings on Lot 87, offering a combined total of 5 bedrooms, 3 bathrooms, and 2 garages. It represents an excellent opportunity for maximizing rental yield in the area.

Suburb profile:

Risdon Vale is an appealing, family-friendly suburb located approximately 10 to 16 kilometres northeast of Hobart's CBD, offering a relaxed lifestyle with urban accessibility. Investors are drawn to the area for its affordable housing options, spacious blocks, and strong demand for rental homes. The suburb is well-served by amenities including the Risdon Vale Primary School, local shops, parks, and public transport links. Residents enjoy scenic natural surroundings near Risdon Brook Dam and the Mount Direction Conservation Area, providing great outdoor recreational opportunities.


Inclusions:

  • Quality Home Inclusions
  • FULL TURNKEY Dual Occ Home and Land Package

Site Inclusions - Site Works, Foundations & Connections:

  • Site works, council charges, and standard construction costs included*
  • All preliminary works including Council ready plans and approvals

Preliminary Inclusions:

  • 6 YEAR WARRANTY

Internal Inclusions:

  • Hybrid Abode Flooring throughout Kitchen and Living areas
  • Hybrid Abode flooring to kitchen, hallway, living & dining
  • Tiles to all wet areas from Classic range
  • $3000 mm \times 6000 mm$ tiles to wet areas
  • Choices quality carpet from Classic range to bedrooms
  • Square set cornice
  • Walk-in-robe joinery to master bedroom & built-in robes with melamine sliding doors to all other bedrooms
  • 900mm KDK vanity to bathroom and ensuite with polished edge mirror to suit
  • Englefield Valencia inset bath
  • Marbletrend $900\times900mm$ ultralight base shower with floor to ceiling tiles

External Inclusions:

  • Colorbond Roof
  • Austral Bricks Homestead, and Access ranges
  • Painted Corinthian entrance door
  • B&D garage "Rollmasta" roller door
  • 2 x external taps

Landscaping Inclusions:

  • Driveway, fencing, garden taps, and turf to front and rear
  • Clothesline, Letterbox

Electrical Inclusions:

  • LED downlights to all living areas and bedrooms
  • LED downlights throughout
  • TV point and TV antenna

Appliance Inclusions:

  • Stainless steel kitchen appliances
  • Artusi 60cm electric cooktop, oven and undermount rangehood
  • Kitchen sink - 1 & 1/2 in stainless steel
  • Bathroom, laundry and kitchen fixtures in chrome
  • Rinnai electric hot water cylinder

Upgraded Inclusions:

  • Double Glazed Windows
  • Double glazed awning windows

Furniture Pack Inclusions:

  • No furniture package mentioned in the brochure. Additional cost may apply.

Energy Efficiency:

  • Reverse cycle heat pump (as per plans)
  • Reverse Cycle Heat pump to suit living area

Warranties:

  • 6 YEAR WARRANTY

This dual occupancy property is a ready-to-rent, full turnkey investment offering two income streams from a single title, representing a high-yield opportunity with stable rental demand.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 87 Risdon Vale TAS
City Hobart
State TAS
Postcode 7016
Suburb Risdon Vale

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

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