Here is your chance to make a very wise and worthy investment. Offering you this complex of 5 brick units that are all leased, and currently returning 6.1%-6.5%, with room to increase rents. All come with independent power, water meters, phone lines, and are just begging to be either strata titled (STCA) and sold off individually, or simply enjoy sit back and watch the steady income flow in as-is. These low maintenance units are ideally located within a quiet cul-de-sac, on bus route, close to all conveniences, and some of Launceston’s best schools. All are totally flat and include granite bench tops, undercover parking, courtyard, and even come with all white goods.

If you’re one of the clever self-funded retiree’s, or looking to purchase as a self managed super fund, you will find 7-9 Addison Street an extremely hard package to beat.

BLOCK SIZE 1337m2 approximately and each unit 80-90m2 approximately YEAR 1988