This is an exciting opportunity for someone to put their own stamp on the property or simply own an attractive investment property receiving close to a 5% return!
There is no shying away from potential when it comes to this one! Set out over 2 levels you will find there is a one-bedroom unit with a fully functional kitchen that captures sea views and is filled with sunlight throughout the day. Although the overall floor space is limited, there is a built-in storage compartment when entering the front door along with a built-in robe in the bedroom. The bathroom is simple yet effective and has been updated. This property is currently tenanted privately for $200pw.
Upstairs is where the second unit is located, this one offers more space and even better sea views! As you walk through the lounge room you will notice it is a generous size and has added space for a study or you could even use this as a guest room.
The kitchen is partially updated, yet still has room for any new ideas.
There are two bedrooms, both with built-in robes and are of a good size. The bathroom is of a good size and has been recently updated. This top unit is currently tenanted for $275pw.
Overall, as you will notice the facade needs attention but nothing some time and paint won’t fix! This property has a lot to offer and is only a few minutes walk to the CBD, beaches, and more! To find out more information or to arrange an inspection please contact Maddi on 0497 372 913.
Please note – we strongly believe in this current market these units are able to achieve a higher weekly rental amount allowing it to be over a 5% return!
Disclaimer: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.