This property is unique and represents a phenomenal investment opportunity.
On the one title but holding four individual units within, you won't need to worry about body corporate fee's or manage multiple rates notices.
Set in the sought after suburb of Berriedale, a short 3 minute drive to Claremont Village shopping complex or MONA, a stones throw to the bike track and only an 8 minute drive to Glenorchy this property is in a fantastic location for anyone looking to invest.
All of the four units have current leases in place with good tenants and each unit has their own power meter.
Unit 1 current lease expires 09/10/19
Unit 2 current lease expires 08/02/20
Unit 3 current lease expires 04/08/19
Unit 4 current lease expires 03/07/20
Total rental income per week for this property is $805 (changing to $825 in August 2019)
Rates last financial year were $2695.62
Properties with returns like this very rarely get to market without being snapped up.
You need to be very quick to pick up properties like this one.
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