$720,000

8 Bed  •  5 Bath  •  6 Car  •  975m²

Main view of Homely house listing, 4A Pringle Street, Scamander TAS 7215
Second view of Homely house listing, 4A Pringle Street, Scamander TAS 7215
Third view of Homely house listing, 4A Pringle Street, Scamander TAS 7215
+23

Sold

4A Pringle Street, Scamander TAS 7215

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$720,000

  • 8
  • 5
  • 6
  • 975m²

House Sold on Mon 11 Nov, 2024

What's around Pringle Street

House description

“8% Gross Yield! 5 Units - Fully Leased”

An absolute cracking investment opportunity that could come very close to being positively geared depending on how good your finance broker is!

With views, primarily flat block and great access to the beach - these 5 units are a fantastic buy.

Comprising 3 x 2 bedroom units, 1 x 1 bedroom unit, 1 x studio unit and single car garage.

Permanently leased on long leases to quality tenants, the gross rental income per week is $1330. Over the years, the property was used as holiday accommodation and the signage is still in place if you wanted to revert back to short term accommodation.

The property has low maintenance gardens, shared tenant laundry and parking for up to 7 cars.

Each unit has a full kitchen, spacious bathroom, living room and either an ocean, or north facing, deck or sitting area.

Personal inspection is available to qualified buyers. As the units are tenanted, a minimum 2 working days notice is required prior to inspection so please contact Heidi and her team to secure this rock solid investment property for your portfolio.

PROPERTY INFORMATION:
Council Rates: Approx $2800 annually
Water/Sewer Rates: Approx $880 per quarter
Land Size: 975m2
Building Size: 279m2 (not including decks and sheds)
Rental Income: Combined $1330 per week

Disclosure: The listing agent is an owner of this property

Scamander is one of the most popular coastal towns on Tasmania's east coast. 16km south of St Helens which is the largest town on the coast, Scamander is serviced by a post office, pharmacy, supermarket, fuel station, coffee shops, newsagency, hotel, sports complex and milk bar.
Situated at the mouth of the Scamander River and famous for beautiful Scamander Beach, this coastal town has a very relaxed vibe.
The township is serviced by a twice daily bus service to the coastal towns and major cities. 4g Optus and Telstra coverage available plus NBN.

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.

Property features

balcony

Balcony

deck

Deck

shed

Shed

toilets

Toilets: 5

workshop

Workshop

Other features

investment, unit block

Building details

Area: 279m²

Land details

Area: 975m²
Fourth view of Homely house listing, 4A Pringle Street, Scamander TAS 7215View more
Fifth view of Homely house listing, 4A Pringle Street, Scamander TAS 7215View more

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4A Pringle Street, Scamander TAS 7215
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