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1/47 Orana Place

Riverside TAS 7250

3
1
2
102 m²
692 m²
House
Currently for sale - view listing

Overview

Secure Investment with longterm lease & panoramic views

Secure a highquality investment property in one of Riverside's most soughtafter locations, this fully renovated and elevated brick home offers immediate income with a secure lease in place until June 2027 at $510 per week. Positioned to capture sweeping views across the Tamar Valley and eastern mountains, the home combines strong tenant appeal with lowmaintenance ownership. The practical and spacious floorplan features openplan living with a generous lounge and dining area, flowing seamlessly to a bright, sunfilled kitchen complete with custom cabinetry and modern finishes. The property comprises three wellproportioned bedrooms, all with quality builtin wardrobes, complemented by a newly renovated bathroom with separate bath and shower, plus a separate toilet for added convenience. Recent upgrades include reversecycle heating and cooling, new blinds throughout, and a fresh, modern presentation that minimises ongoing maintenance and enhances rental longevity. Outside, the easycare garden provides ample space without the upkeep, while offstreet parking is generous, including a double carport. An additional point of distinction is the unique opportunity to also purchase the neighbouring parcel of land, offering potential upside and future flexibility (STCA). Located just minutes from the Riverside Shopping Complex, local schools and essential services, and less than ten minutes from the Launceston CBD, this is an investment underpinned by location, presentation and longterm tenant security. A setandforget investment offering immediate returns and future potential in a tightly held northern suburbs market.

Features

3 bedrooms
1 bathroom
2 carspaces
102 m² floor area
692 m² lot size
House

Happy sellers in Riverside

91%
91% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Riverside over the last 12 months.

Local market activity for 3 bedroom houses in Riverside

In the last 12 months, 54 three-bedroom houses similar to 1/47 Orana Place, have been sold.

This represents a 6% decrease in three-bedroom houses sales when compared to the previous 12 months.

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