Excellent Investment Opportunity

1/69 Franmaree Road, Newnham, 7248

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349,000 AUDEst. Mortgage: AUD 2,452/monthFor Sale
  • Ownership Type Unit
  • Property Area 263 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 13th Apr, 2024

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1

Property Overview

This impeccable 2 bedroom unit offers a seamless blend of comfort and contemporary charm, making it a lucrative acquisition for discerning investors. With a tenancy in place till January 2025 presenting an excellent rental return of over 6%, this property is far from your average unit. The north facing living area basks in natural light and boasts a high raked ceiling, creating an open and airy ambiance that is both inviting and stylish. The modern kitchen is equipped with a dishwasher and has ample cupboard & bench space. Both bedrooms feature built-in robes, providing ample storage space and maintaining the unit's sleek aesthetic. <br/>An updated combined bathroom and laundry add to the unit's appeal, offering practicality without compromising on style. Outside, the low maintenance backyard presents a private oasis for relaxation or a spot of gardening.<br/>With a single carport, this property benefits from its position in a peaceful complex of only two units, adding an extra layer of serenity.<br/>Features include:<br/>• Light filled living area with Reverse Cycle Air conditioning for all year-round comfort<br/>• 2 good sized bedrooms – both with built in robes<br/>• Fabulous modern kitchen with dishwasher & ample cupboard & benchspace<br/>• Updated combined bathroom/laundry with walk-in shower & toilet<br/>• Northerly aspect for all day sun<br/>• Single carport <br/>• Small low maintenance enclosed backyard<br/>• Front position in a peaceful complex of only 2 units, approx. 3km from University of Tasmania, Australian Maritime College and Mowbray shopping precinct and approx. 10 minute drive to CBD.<br/><br/>Water rates: $300 p/q approx.<br/>Building size: 65m2 approx.<br/>Land size: 263m2 approx.<br/>Year Built: 1977<br/>Rental Estimate: Currently tenanted till Jan 2025 receiving $420pw<br/><br/>Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.<br/>

Location on Google Map

1/69 Franmaree Road, Newnham, 7248

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