10-12 Harrow Street, Youngtown TAS 7249

Up for sale we have a block of 5 units, 4x 2 bedrooms and one studio apartment downstairs. The 4 upstairs units each offer 2 generous sized bedrooms with built-in robes, bathroom with bath/shower combo and a separate toilet. The living/dining space is open plan with a convenient sized kitchen. The units are bright and airy with large picture windows utilising the view over Kings Meadows and out to the mountain ranges. All have undercover parking, lockable storage spaces and internal undercover access. Downstairs, along with the separate individual laundry spaces and undercover car parks, you will also find the separate studio apartment with its own kitchen and bathroom. The units are capable of achieving $200 per week rent, with one recently receiving several applicants when up for rent. The studio is currently leased at $135 per week, equating to $935 per week for the building. The property is in need of some TLC and some cosmetic work but the double brick building itself is in good structural shape. Situated in Youngtown, within walking distance to schools and transport and only a 2 minute drive to the Kings Meadows Marketplace. This is an investment property that has so much potential and with a bit of extra money and effort put in could bring even more profit, but it's already making a great return so the option of renovating over time is there. The owner is motivated to sell and will welcome an reasonable offer.