Kaboom! The countdown has begun to an investor explosion that is expected from this four strata title and fully let block. Crank up your burgeoning investor portfolio with this row of units set in the backblocks of Lutana, merely minutes from the city.
See the promise, see the opportunity, see the return. Quiet cul de sac, close to the city, neat, tidy and compact with opportunity to upgrade or keep in existing state.
Like toy soldiers ready to do battle, the four units form a long straight line with ground level access on a large block on the Derwent end of Lutana a skip to the New Town Bay Golf Club (for the golf enthusiasts) and a 5 minute drive to the city.
Built originally in the 1970s to house a horde of Zinc workers this row of one-bedroom flats is low maintenance and ready for a savvy investor to snap up the promise of greater things to come.
The basic and functional floorplan is reflected across all four pads (reverse plan on two) including living, kitchen, bedroom and bathroom/laundry combined. Living areas are compact but have enough room to cater for tv, couch, armchair, bookcase and desk making it a perfect living arrangement for the solo, working couple or elderly resident.
Kitchen formats allow you to monitor the comings and goings of fellow residents via a window over the sink and are generous with their space, benchtops and cupboards.
The bedrooms are big and airy with views stretching over to the Derwent River. The sunny south-facing aspects provide great natural light and add vibrancy with the glowing Tasman Bridge acting as your own twilight neon slideshow. The bathroom (combined laundry) offshoots from the bedroom and contains shower over bath, vanity, toilet, washing machine and trough in a convenient wet area. Communal gardens, driveway and parking, path and clothesline complete a simple but practical living complex.
If you’ve been looking to launch and extend your investment portfolio then here’s your chance. Priced well, fully tenanted, quiet area and opportunity to upgrade. There’s nothing left on the investor checklist.