Description
Entry-Level Multi-Unit Residential Investment with Strong Income
Other - Havenview TAS
Kelly & Co Property, in conjunction with Elders, is pleased to offer to market a rare entry-level freehold residential investment in Burnie, Tasmania.
– Net income $56,000pa
– Fully occupied five-unit residential complex with a strong occupancy history
– Residences include 1 x three bedroom house and 4 x one bedroom units
– Situated in an established residential area close to schools, amenities and less than 5km to Burnie city centre
– Significant 1,378sqm residential land holding on a quiet street surrounded by established homes and new developments
– Burnie: fourth largest city in Tasmania serving as a major port for agriculture and mining
– Gross rental income $66,820
– Strong residential investment return – 8.4%+ on gross income of $66,820pa (before owner outgoings) with an approx. net yield of 7.04%.
For further information please contact Sarah Broad on 0475 944 322.
Property Features
- Other
- Land is 1,378 m²
- Floor Area is 280 m²
- About