Other - Havenview TAS
Entry-Level Multi-Unit Residential Investment with Strong Income
For Sale $795,000
Other - Havenview TAS

1 Grant Street, Havenview TAS 7320

For Sale $795,000
Entry-Level Multi-Unit Residential Investment with Strong Income
1 Grant Street, Havenview TAS 7320
Property Features
  • Other
  • Land is 1,378 m²
  • Floor Area is 280 m²

Description

For Sale $795,000
Other
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
Sarah Broad
0475 944 322
07 3220 3611

Agent iNFORMATION

Sarah Broad
Mobile 0475 944 322
Office 07 3220 3611

Make an Enquiry

07 3220 3611

Level 12, 324 Queen Street
Brisbane Qld 4000

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Kelly Co Property REVVERMILION

property appraisal

07 3220 3611

Level 12, 324 Queen Street Brisbane Qld 4000