Very seldom do opportunities to acquire a full multi-dwelling complex arise in this market, so be sure to take note! For your consideration we have a gorgeous 1950’s building set just minutes from the Burnie CBD and beach. With four apartments, complete with off-street parking, communal courtyard and rear access to Moody Street, not to mention high quality tenants and leases in place, this really is a set-and-forget investment that would be a welcome addition to any portfolio!
Apartment 1
- Two Bedrooms;
- Two Bathrooms;
- Access bathroom;
- Heaps of storage;
- Lease in place until 7/10/26.
Apartment 2
- Two Bedrooms;
- One Bathroom with seperate toilet;
- Seperate Laundry and drying room;
- Lease in place until 25/4/26.
Apartment 3
- One large bedroom;
- All-in-One bathroom;
- North East facing lounge room;
- Lease in place until 30/1/27.
Apartment 4
- One large bedroom;
- All-in-One bathroom;
- North East facing lounge room;
- Lease in place until 30/1/27.
All four apartments feature large family rooms, updated wiring and reverse cycle heating and cooling, as well as private access from both front and rear of the property. With a gross rental return of nearly $62,000 per annum, this is a sensational, low maintenance investment with plenty of the original art-deco character and charm to boot. All on one title, so no body corporate or strata companies to deal with, you can’t get much more straightforward than this!
Contact One Agency Burnie to arrange an inspection to view the property for yourself, you won’t regret it! Come and see just how solid of an investment this really is!
Please note that as the property is tenanted we are required to allow at least 48 hours notice before we can schedule a viewing of this property.
Size: 294m2 (approx.)
Land Size: 619m2 (approx.)
Beds: 6
Baths: 5
Garage Spaces: 3
Open Spaces For Vehicles: 3
Year Built: 1955
One Agency Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
