538 Nelson Road, Mount Nelson TAS 7007

We are delighted to offer to the sales market this outstanding development and/or investment opportunity.

This is an exciting opportunity to acquire a property with great potential and appreciation. The owner wishes to sell the property as a whole giving potential purchasers a view to re-sell with the security of your holding costs being met with a rental yield.

On offer are six partly conjoined one bedroom units with the same and mirrored configurations. They are of a masonry brick construction with a galvanised iron roof and aluminium windows that represent low maintenance living. There are eight off street parking spaces available.

Situated in popular Mount Nelson and despite suiting tenants from all walks of life, the appeal and ideal location is sure to spark limitless interest from University students seeking comfortable accommodation such as that on offer here.

The properties are being offered with 6 tenancies in place and are currently yielding $55,120 per annum approx. In today's high demand for rentals and along with some renovations we believe that you could achieve a much higher rental return on the units individually.

For any enquiries please phone Rob Henry.