This unique inner-city property is perfect for the discerning investor. Returning $320 a week in rent for the past 5 years and with anticipation of achieving $360 per week going forward, this European inspired apartment boasts returns of 5% per annum.
With a small footprint and the living spaces spread across multiple levels, this low maintenance property is a set-and-forget type of investment for its new owner. Excluding the interior of your own private courtyard garden and balcony, all exterior works are covered under the governance of the body corporate of the Village on the Green.
This property is only moments walk from neighbouring Princes Square and St Georges Square parks and shares the surrounding amenities with some of Launceston's finest homes.
Whether you imagine this property as your perfect down-size opportunity or as a reliable investment returning great gross rentals ongoing, this property is worth your consideration.
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