This is definitely one for the investors, with a tick under a 7% return!
Located within 10 minutes of the Launceston CBD and close to the local school, shop and city bus stop, this two bedroom home will be a great start for the first time investor or a simple and cheap addition to your property portfolio.
With open plan kitchen and a large lounge the property could benefit from a little TLC or polish in some areas, but that would be money well spent in this current market to ensure top rental return. Opportunities like this for an easy, budget friendly investment are becoming very hard to find and this one really hits the criteria.
For your inspection, please call Duncan Morrison at Ray White today.