Located on Tasmania’s stunning West Coast, this fully tenanted property is offered with an incredible 12% return. The current tenant leases the entire site, which comprises a shop, house and unit and has a lease in place until October 2018 with the tenant paying all outgoings. With recent works completed throughout the site, the property is a hassle free easy investment that in due course could house multiple tenants if required. The existing tenant runs the shop as a takeaway business and the shop boasts its own amenities and does not require access from the house or unit. The 2 bedroom unit and 2/3 bedroom house sit on the same title as the shop and the property currently returns $27,144 per annum net. This is a great portfolio starter.
For more information please contact Candice Gillies of NAI Harcourts on 0408 144 448.
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