7 Allenby Street, Mowbray TAS 7248

Mowbray is a suburb known for its excellent rental returns. With the University and Maritime College just a stone's throw away, and Mowbray Marketplace and local dining options within walking distance, this property's location is key. This property currently has a good rental return and is leased until 16/4/2026

Key Features:
Two Bedrooms: Generously sized with carpeted flooring;
One Bathroom: Practical and functional;
Living & Dining Area: Co-joining rooms with low-maintenance polished boards, heat transfer system for added comfort;
Converted Garage: Lined with plasterboard, offering versatile space for a studio, home office, gym or rumpus room;
Newly Painted Exterior: Freshly updated for enhanced street appeal;
Low Maintenance 740m² Block: Level, easy to manage, and perfect for low-maintenance living.

Property & Housing Information for the investor:
Rental Accommodation: Approximately 42.43% of the area's occupants live in rental accommodation, ensuring a strong rental demand;
Median House Price: Around $429,000;
Estimated Suburb Rental Yield: 5.75%, making it a lucrative suburb to invest in.

Currently being leased at $465.00 per week until April 2026.

This property not only provides a comfortable living space but also offers strong potential for future capital growth. Don't miss out on this excellent investment opportunity.

For more information and private viewings, please contact Beck at Peter Lees Real Estate.

*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.

Boundary lines are indicative only.