An excellent opportunity for the astute investor to purchase four brick units located in a popular area of Triabunna.
These 4 individual units are low maintenance and well maintained, each offering open plan living, larger master bedroom with built-in robes, second bedroom also with robe, tidy kitchens and modern separate bathrooms.
Triabunna as a township supports many and varied businesses hence, ongoing employment opportunities ensuring the rental demand remains. The property is well tenanted and has a low vacancy rate, each unit achieving $150 to $160 per week with scope for an increase.
The four units offer a return of $600 plus per week, equating to a nearly 7% return before outgoings (rates etc.)
Further potential return may be realised with the implementation of strata titling on the individual units (STCA), or with some
extra effort maximising your returns by way of furnishing the units for the shorter term rental and holiday markets.

Please call Ben Palmer for a private inspection.

To arrange a personal inspection, please contact Ben Palmer using the Contact Agent link on this page and we invite you to download our free App (iphone and android) from the App Store. Simply search for Raine and Horne Eastern Shore. We can notify you of new listings, inspection times and price changes as soon as they happen.