18 Home Street, Invermay TAS 7248

Here is a GREAT investment opportunity. Four one bedroom units on one title with a very strong rental history, and long term tenants. The construction is solid concrete, meaning little external maintenance. Each unit has a spacious kitchen/living area and a large bedroom. One of the units is returning $155/week, and the others $150, $135 and $130/week. With potential to improve the fittings, and cosmetics, the returns would be dramatically increased.
There is a large block with off street parking. Much of the legwork has been done to be able to strata title these four units. The location is special, overlooking Faulkner Park, a quick walk to local primary school and half way between both campuses of the university. There are many established homes in the area and only a few minutes drive to Launceston's CBD. Great value for a solid investment with 4 tenancies.