12 Alice Street, Montello TAS 7320

Elevated views to Bass Strait | Updated 3 bed, 2 bath layout | Quiet, low-density street | Strong rental yield profile This property presents a competitively strong offering due to its rare dual living areas and two bathrooms within a ground-level 1950s build, a configuration that outperforms typical three-bedroom, one-bathroom stock in the area. The updated kitchen and bathrooms modernise the house without erasing its character, while the elevated position capitalises on far-reaching views, enhancing its desirability. It serves first-home buyers seeking space and investors targeting a proven, high-yielding rental market with minimal maintenance overlays. Proceed with the understanding that the 1951 construction necessitates a stringent building inspection, with potential costs concentrated in foundational and roofing integrity given the age. The capital growth opportunity is anchored in the scarcity of two-bathroom homes here, and the calculated gross rental yield near 4.1% provides solid cash flow. Acquire this as a long-term hold, leveraging its school catchment and connectivity for sustained tenant demand or owner-occupier appeal upon eventual resale.