$150,000

2 Bed  •  1 Bath  •  1 Car  •  614m²

Main view of Homely house listing, 41 Sutton Street, Hillcrest TAS 7320
Floorplan of Homely house listing, 41 Sutton Street, Hillcrest TAS 7320
Second view of Homely house listing, 41 Sutton Street, Hillcrest TAS 7320
+7

Sold

41 Sutton Street, Hillcrest TAS 7320

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$150,000

  • 2
  • 1
  • 1
  • 614m²

House Sold on Mon 21 Jul, 2014

What's around Sutton Street

House description

“Settle on Sutton”

Entry level price for this proven performer that should see you swinging into investment action. With interest rates at an all-time low, now is the time to secure a minimal maintenance investment property!

Boasting a reliable history of tenancy since 2000 this property is positioned to deliver a continuing hassle-free period of investing for the new owner. You can count on a steady stream of rental income with an occupancy rate of around 97+%.

41 Sutton Street benefits from a low maintenance exterior, good roof and gutters, updated wiring plus new wall to wall carpeting throughout ensuring no major spend required for years to come.

Inside there is a sizable living/dining area with electric heating and large windows drawing plenty of natural light whilst offering a very pleasant street aspect. Both bedrooms are a good size, neatt bathroom and kitchen. The backyard provides a liberal amount of space for kids, pets and keen gardeners.

Leased until July 2015, this property returns $195 per week. That puts it below the median asking price for Hillcrest of $215pw making it a highly desirable property for tenants whilst potentially giving you the opportunity to increase the rent in future.

If you really know a good investment when you see one SEE THIS ONE!

Municipality

Burnie City Council

Building details

Area: 82m²

Land details

Area: 614m²

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41 Sutton Street, Hillcrest TAS 7320
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