69 Sugarloaf Road, Risdon Vale TAS 7016

Positioned on the suburb fringe, and surrounded by house-proud neighbours awaits your big opportunity.

This well built home backs on to 25 Wilga Rd which is also for sale by the same vendor. Securing both properties would present opportunities to adjust the boundary (STCA) and let your imagination run wild!

Set on a good sized fully fenced 804 m2 (approx) sunny block, this property features open plan living with a separate upgraded kitchen and dining space.

Well maintained, tidy and with contemporary décor throughout, this is a set and forget proposition for investors with no work to be done up front.

Currently leased by a good tenant paying $285 per week (approaching 8% gross yield) and with a long lease remaining.

Conveniently situated with a Metro bus stop six doors down the road, a primary school only eight minutes walk away, so the kids are covered well and truly. Moreover it's only ten minutes drive to the nearest major shopping hub. Hobart CBD is only 20 minutes drive away - nice and easy.

With interest rates at a record low, don't put off adding this high yield property to your portfolio or self managed super fund. Make an appointment to inspect - this is your time!

? Well maintained and contemporary inside and out
? Large block, backs on to another property for sale with same vendor
? Great investment, tenant in place with long lease at $285/week (approaching 8% gross yield)
? Metro transport six doors down the road
? Easy street access, room for boat/caravan/trailer plus cars
? Eight minutes WALK to Primary School
? Ten minutes drive to major retail hub, 17 minutes to Hobart