This conjoined home in the heart of Glenorchy is bringing in close to 7% p/a (gross) rental return! Today, very few properties in the market have this rate of return. Currently tenanted at $255 per week, with the existing tenants happy to stay on if an investor wants a quick transition. Not only is this property a steady little earner, the potential for capitol growth with minor enhancements would also be considerable.
Surprising in size, this compact home uses all of the available space fantastically, with a lovely sunny lounge room, separate eat in kitchen and three good sized bedrooms.
The low maintenance backyard that backs onto Glenorchy Primary School grounds, and offers private rear parking.
You will be amazed with all of the services in the immediate area; the metro bus service route, walking distance to doctors and dentists offices,and the Northgate, Glenorchy Central and Big W shopping centres. All this naturally makes this the perfect property to attract and keep tenants.