7/4 Alanvale Road, Newnham TAS 7248

This is a great opportunity! A very low maintenance brick unit, in a popular area with great tenants already in place. The unit comprises 3 bedrooms all with built-ins and the main bedroom with an ensuite. Other features include a good sized lounge room and a separate dining room off the kitchen. The unit is on the ground floor of a double storey complex with easy access. There is ample parking and 1 carport. Situated less than 5 minutes walk to the Maritime College and Newnham University campus, the bus stop is just outside and the Invermay University campus as well as the City are a 5 - 7 minute ride away.
I believe this would be a great addition to any investment portfolio. The current tenants are paying $505 per fortnight, offering a return of 6.5% with room for improvement. Body Corporate set up with fees of $900 per annum.




Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.