74a & 74b Tasman Highway, Waverley TAS 7250

Offering over six and a half percent gross returns, this property has been immaculately renovated, ensuring solid returns for many years. On one single title, though separate electricity meters, access to both units is via Craig Street, each unit enjoys good proportions and considered floor plans.

Prior occupants of these units have each enjoyed long-term occupancy, having recently undergone cosmetic renovations, new carpet, paint and window furnishings ensure cosmetic appeal, whilst its solid brick construction ensures your peace of mind.

Unit B features an open-plan design, seamlessly connecting the kitchen, dining, and living areas. The bathroom, complete with a walk-in shower, conveniently adjoins both the kitchen and the master bedroom, which includes built-in storage. The second bedroom is also generously sized. Floor to ceiling windows bathe the living spaces with abundant light and make for a delightful living experience.

Unit A offers a more traditional floor plan, with entry via the porch into the central hall. Both bedrooms are positioned at the end of the hall and are positioned adjacent to the central bathroom for added convenience. The kitchen and dining are both open plan, and adjoin the living room. Large windows within unit A also provide abundant natural light. Access to the laundry via the rear door also leads down to the generous sized gardens.

A detached double car port offers plentiful parking options for both units, vehicle access into the yard of Unit A provides further off-street parking options.

Located within easy commutes of both the Launceston CBD (10 mins) and the Newstead Shopping Complex (5 mins), the Waverley Primary School is only a few minutes up the Road.

With rental estimates of $400 per week per unit, delivering gross returns exceeding 6.6%, this property offers a rare opportunity for a true set-and-forget investment. With all maintenance already taken care of, you can simply sit back and enjoy the impressive returns. Contact Lochie today to register your interest.