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.<br/><br/>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).<br/><br/>Current Estimated Gross Income - $66,820* p/a (7.86%* yield), with an estimated net income (before owners outgoings) of $56,091.33 (6.59%*).<br/><br/>The property is offered for sale by Private Treaty at Offers Over $850,000 + GST (if applicable). Contact Sarah Broad 0475944322 , Nicholas Bond 0414395007 or Clinton O'Keefe 0419610877 for further details<br/><br/>*Approximate<br/><br/>Listing Highlights: <br/>Fully leased multi-tenanted property<br/>Variety of accommodation configurations<br/>Ideal residential investment property<br/>Strong return history<br/>Good position close to Burnie<br/><br/>Kelly & Co Property<br/>Sarah Broad <br/>0475 944 322<br/>[email protected]