4 Torquay Road, Latrobe, Tas 7307

$1,400,000

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings

Published on Thursday, May 07, 2026 ( See property details for 4 Torquay Road, Latrobe, Tas 7307)

$1,400,000

Tim Bonnefin Director / Licensed Property Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire four well-maintained units in a prime location with strong income potential and low maintenance features.

🏡 Property Highlights

  • Four well-appointed units on a single title, offering high rental income potential.
  • Prime location directly opposite Latrobe's hospital precinct and close to the highway.
  • Strong gross yield of approximately 6.24% based on current asking price.
  • Each unit features two bedrooms, one bathroom, and a private sunny courtyard.
  • Solid brick construction with aluminium windows and tiled roofing for low maintenance.
  • Single lock-up garage per unit, ideal for long-term tenants.

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Waterfront / Views

Latrobe is a vibrant Tasmanian town known for its strong community spirit and convenient location. Key points include: proximity to Latrobe's hospital precinct, easy access to major highways, a growing rental market, solid infrastructure, and a peaceful, family-friendly environment.

What is the condition of the units and are there any recent renovations?
The units are well-maintained with solid brick construction, aluminium windows, and tiled roofing, requiring minimal ongoing maintenance.
Are there any restrictions or covenants on the property?
The property is on a single title with no known restrictions; however, buyers should verify with local council for any specific covenants.
What are the current lease arrangements and vacancy rates?
The property has a strong rental potential of approximately $1,680 per week, attracting long-term tenants, with current occupancy details available upon request.
Is there potential for future development or expansion?
As the property comprises four units on a single title, future development options should be discussed with local planning authorities.
What are the ongoing costs associated with the property?
Annual council rates are approximately $4,400, and water rates are also around $4,400, with additional maintenance costs to consider.
Are there any existing easements, zoning restrictions, or planning overlays affecting the property? Have there been any recent or upcoming renovations or repairs that could incur additional costs? Are there any known issues with the building structure, plumbing, or electrical systems? Is there any history of pest infestations or environmental hazards on the property? Are there any planned developments or construction projects nearby that could impact the property’s value or livability? What are the terms of the current lease agreements, and are there any rent increases scheduled? Are there any strata or body corporate fees or regulations applicable to this property? Is the property located in a flood or bushfire-prone area, and what precautions are in place? Are there any restrictions on pet ownership or modifications to the units? What are the long-term capital growth prospects for this area?

4 Torquay Road, Latrobe, Tas 7307 - More Details

$1,400,000

Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4

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