Cataract Court, Opportunity Plus!!
Located at the beginning of Trevallyn Road, Cataract Court is just over the bridge and was built in 1940 of solid concrete and divided into four two bedroom units, two with garages plus off street parking.
Each unit has great views of the Tamar River, the Seaport and the city whilst only a few minutes’ walk to Launceston’s CBD.
Each unit has a similar lay-out with one huge bedroom and spacious lounge and then one smaller bedroom with separate kitchen. Some units have had cosmetic improvements with one still in original condition.
With all units currently leased and a sound rental history, recent returns are totalling $34,580 per year.
Here is an opportunity not to be missed, as you have the chance to buy this property and then improve the condition of each unit as time provides.
For sale now or by Auction on 20th April 2018 at the Bushby Property Group office.
- Land is 1009 m²
- Floor Area is 415 m²
- 2 Garage
- Fixed and fitted floor coverings
- Light fittings
- Window coverings
- Street View