50 Vermont Road, Mowbray TAS 7248

This property presents an excellent opportunity. Whether you are an investor, or looking to purchase your first home, this well presented property presents a winning combination of an attractive home in an excellent location. The position of this home is excellent as it is super close to the extensive shopping precinct of Mowbray and on a bus route directly to the city. Launceston Church Grammar School is an easy five-minute flat walk and Heritage Forest is close by for Sunday strolling, playground action or simply relaxing.
Built in 1948 this home has strong street appeal. Offering a functional design and open style floor plan it has enjoyed some recent updates and presents well. You chose whether it is three bedrooms, or 2 plus a study/sunroom and with two living spaces you are sure to have room to move. Painted in a neutral palate throughout, complimenting the earthiness of the polished floor boards. The guttering, fascia and downpipes have recently been replaced and the home is in good condition throughout. Set on a flat block of 493m2 this one is easy to maintain. It also has a single garage and plenty of external storage.
Currently leased through until February and returning $600 per fortnight. The gross capital return is around 6.25% Don't miss out on this opportunity!