For Sale

12/149 Brooker Avenue, Glebe, Tas 7000

Offers over $425,000

Villa

Type

Bedrooms

Bathrooms

Parkings

171 m²

Area

Last updated on Tuesday, October 20, 2026 ( See property details for 12/149 Brooker Avenue, Glebe, Tas 7000)

Offers over $425,000

Rorie M Auld Residential Sales

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A secure, passive income villa in a prime Glebe location with long-term lease and fixed rent increases.

🏡 Property Highlights

Secure long-term lease to reputable operator Fawless Pty Ltd
Fixed 4% annual rent increases until 2030
Passive income with no day-to-day management required
Prime location near North Hobart's restaurant strip and CBD
Established serviced apartment complex with strong demand
Lease extends to 2051 with options for further renewal

✨ Key Features

Built-in Robes
Open-Plan Living
Security Screens / Gates
NBN / High-Speed Ready
Fully fenced
Water tank
Floorboards
Internal Laundry
Ceiling Fans
Pet-Friendly

Suburb and Property Insights of Glebe, TAS 7000

Glebe is a vibrant suburb renowned for its proximity to North Hobart's bustling restaurant strip and the city centre. It offers excellent walkability, a strong community atmosphere, and high demand for both corporate and leisure stays. The area features a mix of historic charm and modern amenities, making it an ideal location for investment. Residents and visitors enjoy easy access to local cafes, shops, and cultural attractions, ensuring sustained interest and occupancy. The suburb's strategic position provides excellent connectivity and lifestyle benefits for tenants and owners alike.

Frequently Asked Questions

What are the current lease terms and conditions?

The property is leased to Fawless Pty Ltd until 31 January 2031, with fixed 4% annual rent increases and options to extend the lease to 2051.

What are the landlord outgoings and additional costs?

Approximate outgoings include council rates of $1,651 per annum, water charges of $1,220 per annum, and body corporate fees of $372 per annum. Land tax varies based on other holdings.

Is the property management passive or active?

The tenant maintains the interior, meaning there is no letting, vacancy, or day-to-day management required from the owner.

What is the location's appeal and demand drivers?

The property is situated a short walk from North Hobart's restaurant strip and the CBD, with strong year-round corporate and leisure demand under the Quest brand.

Are there any restrictions or upcoming developments in the area?

Please consult local council for planning and zoning details, as well as any upcoming developments or restrictions that may affect the property.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses not included in the outgoings? Has the property been inspected for structural issues or defects? Are there any zoning restrictions or easements affecting the property? What are the flood or bushfire risks in the area? Is the property compliant with all local building and safety regulations? Are there any planned developments or construction nearby that could impact the property? What are the terms and conditions of the lease, and are there any renewal or break clauses? Is the property part of a strata or body corporate scheme, and what are the associated fees and responsibilities? Are there any restrictions on pet ownership or modifications to the property? What is the history of the property's occupancy and rental performance?

12/149 Brooker Avenue, Glebe, Tas 7000 - More Details

Offers over $425,000

Secure, passive income in a long‑established Glebe serviced apartment complex. Unit 12 at Trinity House is leased to Fawless Pty Ltd, the operator of Quest Trinity, under a commercial lease with fixed 4% annual increases.

Lease highlights:

Current term runs 1 February 2026 to 31 January 2031, with further options to 2051
Rent is $23,500 pa + GST, set by an independent market review in 2026
Fixed 4% increases each February, taking rent to about $27,490 pa by 2030
The tenant maintains the interior, so there's no letting, vacancy or day‑to‑day management

Approximate landlord outgoings: council rates $1,651 pa, water $1,220 pa and body corporate $372 pa. Land tax depends on the buyer's other holdings.

The property sits a short walk from North Hobart's restaurant strip and the CBD, with strong year‑round corporate and leisure demand under the Quest brand.

Type: Villa
Bedrooms: 2
Bathrooms: 1
Parkings: 1
Area: 171 m²
House Size: 94.5 m²

Costs and returns

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12/149 Brooker Avenue, Glebe, Tas 7000

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