1 Raglan Street, Somerset TAS 7322

Located a short walk to the beach and shops plus a close commute for those working in Burnie, this property is in obvious demand as a long term rental. It's no surprise that it has a solid record of tenancy since 2010 and with a current lease agreement lasting through to August 2013, you could start collecting income today... Simply sit back and harvest the return from this fantastic investment property.

Key Investment Factors Include:
- Weekly Rent $280
- Lease running until August 2013
- Gross Yield: 5.94%
- Vacancy Rate since July 2010 is 1.16%

What the current tenant loves
- Cool in summer, warm in winter
- Level & secure yard
- Handy to beach, school & shops