Current rents approx. $810 per week. Projected annual income approximately $42,000 gross per year. A superb opportunity rests for a wonderful property investment in 3 flats with strata sub-division potential (subject to Council approval). Unbelievable water views of the River Derwent and beyond. A short stroll to the University of Tasmania and Schools. Situated on a great block of land 667m2 the flats have all day sunshine, the two top units have kitchen with servery into the spacious living room and to complete the picture two double bedrooms. Enter the cosy bottom flat with kitchenette at rear left into the bathroom with shower bay and separate bedroom. Garaging for two cars plus further parking for at least 4/6 cars and more in rear grounds.
For Sale By Offer
* Superb investment property in 3 flats
* Opportunity for strata sub-division
* Great location – wonderful views