98 Sycamore Road, Risdon Vale, Tas 7016

$618,000

House
Type
4
Bedrooms
1
Bathrooms
4
Parkings
687 m²
Area

Last updated on Friday, July 24, 2026 ( See property details for 98 Sycamore Road, Risdon Vale, Tas 7016)

$618,000

Matt Carne Principal & Licensed Real Estate Agent
Tanya Burns Partner & Licensed Real Estate Agent Eastern Shore
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious four-bedroom family home with excellent rental income, outdoor entertaining spaces, and future renovation potential in Risdon Vale.

🏡 Property Highlights

  • Established long-term tenancy with rental income of $545 per week until January 2027
  • Spacious four-bedroom layout with main bedroom featuring a walk-in wardrobe and additional storage
  • Bright open-plan kitchen and living area with reverse cycle air conditioning
  • Large laundry/utility room leading to a fully fenced backyard
  • Outdoor entertaining area including a deck and covered space overlooking a peaceful reserve
  • Double garage plus additional off-street parking for multiple vehicles

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Security Screens / Gates
  • Garage / Secure Parking
  • Waterfront / Views
  • Air Conditioning
  • Outdoor Area / Balcony
  • Extra Storage (Shed/Linen)
  • Solar Panels

Risdon Vale is a family-friendly suburb known for its peaceful surroundings and natural beauty. It offers excellent access to local parks, reserves, and creekside walking trails. The area features a mix of established homes and investment opportunities, making it ideal for families and investors alike. With convenient amenities and a strong community vibe, Risdon Vale provides a comfortable and accessible lifestyle. Its proximity to Hobart ensures excellent connectivity for commuters and outdoor enthusiasts.

What is the current rental income and lease term?
The property is leased at $545 per week until January 2027, providing a reliable rental income for the foreseeable future.
What potential does the property have for future updates or renovations?
While the home would benefit from some cosmetic updates, it offers significant scope to add value through renovations over time.
Are there any additional costs associated with the property?
Potential additional costs may include maintenance, council rates, and any future upgrades or renovations you choose to undertake.
What are the key features that make this property attractive to investors?
The property offers a strong rental return, long-term tenancy, outdoor entertaining spaces, and future renovation potential, making it an excellent investment opportunity.
Is the property suitable for families or first-time buyers?
Yes, with four bedrooms, outdoor space, and a peaceful outlook, it is well-suited for families or buyers seeking a spacious home.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or defects? Are there any upcoming planning or development activities in the area? What are the council rates and ongoing maintenance costs? Is the property located in a flood or bushfire-prone zone? Are there any strata or body corporate fees applicable? What are the terms of the current lease, and are there any rent increases scheduled? Are there any restrictions on future renovations or extensions? Is the property compliant with all building and safety regulations? Are there any known issues with the security shutters or other features?

98 Sycamore Road, Risdon Vale, Tas 7016 - More Details

$618,000

Type
House
Bedrooms
4
Bathrooms
1
Parkings
4
Area
687 m²
House Size
132 m²

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