An exceptional opportunity for savvy investors or lifestyle buyers - this income generating property is located just a short walk from the heart of Burnie's CBD and offers four separate income streams, all nestled within a charming 1938 Tudor Revival residence.
Why This Is an Excellent Investment:
Current Total Weekly Rental Income: $1,230
Outstanding Gross Rental Yield: Approx. 7.43%*
Flexible Configuration: Live in the main residence and lease the other units, or lease all four individually
Prime Position: Quiet, leafy setting with city and water views, only minutes to shops, cafes, services, and the beach
Strong Tenancy History Ideal for long-term tenants or short-stay rental (e.g. Airbnb)
Rental Breakdown:
Main Home (5 Bedrooms): $410 per week
2-Bedroom Unit: $270 per week
1-Bedroom Unit : $260 per week
1-Bedroom Unit (Recently Renovated): $290 per week
This unique property is set within lush, established gardens and the house is bursting with original character - original timber paneling and fretwork, ceiling roses, with a fairytale façade-this is not only a sound investment but also a piece of Burnie's architectural history.
Whether you're looking to add to your portfolio or searching for a property that offers income plus lifestyle flexibility, this rare find ticks all the boxes.
Contact us today to arrange a private viewing or request more information.
Disclaimer: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary to satisfy themselves of any pertinent matters. Any reference to rental yield is provided as a guide only and is not guaranteed. Actual returns may vary depending on the purchase price, and other influencing factors.
