6 Osborne Street, Cooee TAS 7320

Built in 1965, this neat and tidy brick home located just a stroll from the ocean offers stress-free investing as it is leased until September 2013 by the same tenant who has been in the property for 14 years.

Period timberwork features throughout, including the double timber and glass doors that lead from the porch into the wide hall. Two of the homes three bedrooms both of good size are on the right and the central bathroom with shower over the bath is located at the end of the hall.

Spacious separate lounge and dining rooms are on the left and these spaces are linked by more feature double doors for easy living. A big wood heater in the dining/second living space keeps the property cosy throughout winter. The kitchen, although a little on the small side, has plenty of storage space. The third bedroom is found off the back entry, which adjoins the large laundry/sunroom and toilet. All up, theres approximately 108m2 of living space on offer in this tidy package.

Outside, the block measures 526m2. A shed offers more storage solutions whilst the yard itself is a blank slate meaning easy maintenance options abound if you leave it as is, or theres scope for paving, a carport, or even an extension should you wish.

Presently, the home is rented out for $180pw offering good returns to a savvy investor/buyer seeking price-conscious tenants because the median asking rent for Cooee is $235pw. The existing rental agreement with a quality tenant means safe, reliable returns for investors seeking a foothold in Cooee, which is popular with renters as it is close to the heart of Burnie with public transport at the end of the street.