1 Grant Street
Havenview TAS 7320
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Entry-Level Multi-Unit Residential Investment with Strong Income
Elders Commercial in conjunction with Kelly & Co Property, is delighted to present to market a rare opportunity to acquire 4 residential flats and a dwelling on one Title in the Burnie suburb of Havenview.The property has a strong tenancy profile and is fully leased. It also provides potential for further market rental growth with the bonus of controlling the entire allotment with no strata management or body corporate fees. With rental properties in high demand in North-West Tasmania, this property provides a fantastic addition to any investment portfolio and has the ability to generate consistent residential returns or potential re-positioning for workers accommodation or other value add uses (STCA).
Current Estimated Gross Income - $66,820* p/a (8.4%* yield), with an estimated net income (before owners outgoings) of $56,091.33* (7.1%*).
The property is offered for sale by Private Treaty at Offers Over $795,000 + GST (if applicable). Please contact Sarah Broad 0475 944 322, Nicholas Bond 0414 395 007 or Clinton O’Keefe 0419 610 877 for further details.
*Approximate
Features
General Features
- Land Area: 1,378sqm
- Commercial Type: Land/Development
- Building Area: 305sqm
- Zoning: General Residential
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