31 a&b Dineen Street, Mowbray TAS 7248

This one ticks all the boxes. 2 low maintenance units close to the University of Tasmania, Maritime College and shops, plus an extra block for further development - to be sold as one lot. Built in 1997, both units are brick and tile and of solid stylish construction. Both have 4 bedrooms - all with built-ins, 2 bathrooms, large lounge, single lockable garage and plenty of off street parking. They are currently rented at $440 per week each, on a 12 month lease. This offers a return of 8% and potential for more with the vacant block. Rates are $3484 per year for the lot. Put this on your MUST BUY list, but be quick.