If you’re after an affordable and solid investment in a suburb close to shops, services and just over 10 minutes to the CBD, this property provides all that and more.
The current tenants have just renewed their lease for a further 12 months which will make it 6.5 years they have been making this house their home. And they are keen to stay there for the foreseeable future. According to the owner, these tenants have never been late with their rent and have an impeccable record for looking after the place.
With the weekly rent currently $385 this property has the potential to achieve approximately a 6.5% yield.
The home consists of three bedrooms, a bathroom with bath, vanity and separate shower, laundry and separate toilet, an open plan kitchen and dining, and the living area positioned at the front. Extensive renovations were done in 2007 and the property has been professionally managed since then with regular inspections and any maintenance attended to promptly. In the last two years the stove and the hot water service have both been replaced.
Outside there is ample parking for several cars on the wide concrete driveway behind lockable timber gates. The whole property is fully fenced providing a secure area with easy-care garden and lawn areas for children and pets should future tenants have any.
This home is close walking distance to public transport, a local primary school, 10 minutes from central Hobart and just a 3 minute drive to the Eastlands Shopping Centre and Health services.
All in all this is a very well located, low maintenance, high return, desirable rental property. #AtYourService