Multi Tenancy With Great Return!
Attention investors looking for a multi tenancy opportunity close to the popular Mowbray Shopping and Business Centre and the Launceston CBD.
This four bedroom, two bathroom property is currently configured as a share house with excellent tenants in place and a healthy gross return of around 7%. Feature stained glass panels surround the entry into a wide hallway and open plan living, dining and kitchen kept comfortable year round with an Hitachi inverter heat-pump and the separate laundry is located at the rear of the home. There are three spacious bedrooms serviced by a neat and tidy bathroom with the fourth at the rear of the property enjoying its own ensuite.
Whilst in need of some improvements and updating, the property is conveniently located only a short, flat walk to the local supermarket and access to public transport at the end of the street taking you straight into town. Also within walking distance to the Mowbray Heights Primary School, nearby University and Maritime College.
Please call me today to arrange a private viewing.
Approximately $1440 per year
Approximately $1360 per year including usage
Bushby Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
- Air Conditioning
- Land is 507 m²
- Floor Area is 133 m²
- Split System Heating
- Reverse Cycle Aircon
- Fixed and fitted floor coverings
- Flat Block
- Heat Pump
- Light fittings
- Open Plan
- Street View