2/10 Charles Street, Moonah TAS 7009

Ground-floor unit | 1971 complex | leased to 2026 | walkable Moonah hub | low-maintenance entry This property presents a low-maintenance, cash-flow secure entry into a central Moonah location, immediately tenanted at a known yield. Its ground-floor position and leased status until mid-2026 cater specifically to the passive investor seeking a hands-off holding with minimal vacancy risk, bypassing the typical turnover and management intensity of newer, speculative stock. The walkable amenity profile strengthens its defensive income characteristics against broader market cycles. The decision hinges on accepting compressed capital growth for predictable income. Strata fees and outgoings consume a material portion of rental returns, while the 1971 build and zero EER impose long-term obsolescence risk and potential retrofit costs. This unit serves as a tactical allocation for portfolio income stabilisation, not as a primary growth driver. Proceed only with a strict yield-focused hold strategy, factoring full body corporate due diligence.