What do you get when you get an extremely motivated Vendor and a property returning close to 9%. The simple answer is the best investment in Tasmania by a country mile.
Currently leased to an arm of the State Government on a 3 x 5 year tenancy agreement at $180 per week the tenant also pays all the rates, property management fees and land tax for this amazing property which when combined with your weekly rent gives you a net rent of $252 per week. Guaranteed 52 weeks a year.
As well as all of that the tenant also has agreed to pay for and fix any damage to the property caused by the occupant.
The property itself was only built in 2007 and features:
- Two large bedrooms both with built in wardrobes
- An open plan Kitchen, dining and living room area
- Sensational rural views from the rear deck
- Low maintenance backyard
- Single undercover carport
- Large modern bathroom
When you do the sums the only possible thing to say with this property is where do I sign.