1,2,3,4,5/16 Lagoon Esplanade, Scamander TAS 7215

Once in a Lifetime Investment Opportunity
- BEACH SIDE SCAMANDER -

Offering 5 x studio units just metres from the beach, this investment opportunity is not only rare, but very lucrative.

With appraised gross rental income of $160 per week per unit, there's a gross yield of 9.4% annually available for savvy investors.

Each studio is very well maintained and offers a compact kitchenette, open plan living/dining/bedroom, sun deck and bathroom. With the current demand for rental properties, these units will be desirable rental properties and are appraised to achieve $160 per week on a long term basis.

Peaceful location and easily maintained, these 5 studio units offer abundant options and I would be very pleased to discuss the details with you today.

NOTE: The units are sold together and are on one title

Property Information:
Land Size: 892m2
Building Size: 106m2 + storage shed and garden shed
Annual Council Rates: $1300
Serviced by town water
Serviced by mains sewer
Built: 1960
Zoned: Residential

*Harcourts St Helens has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.