16 Coraki Street presents a smart investment opportunity in the increasingly popular East Devonport market. Set on a generous 827m² corner allotment, this low-maintenance brick home offers immediate rental appeal with future scope for value-adding (STCA).
Inside, the home is an updated kitchen offering good storage and functionality, while the renovated bathroom includes a shower over bath, modern tiling, and a contemporary vanity. All three bedrooms are well-sizedtwo with built-in wardrobesand the home features a heat pump for easy climate control, a separate laundry, and a practical layout for tenants.
An undercover outdoor area is accessible directly off the living space and is equipped with roll down blinds for year round use. The fully fenced backyard provides plenty of room for kids & pets and there is the potential to add further improvements such as a shed or studio (STCA).
The property is currently tenanted at $470 per week (effective 15th Aug) with the lease in place until August 2026.
East Devonport continues to gain attention for its affordability and amenity access. Within minutes of schools, local shops, doctors and parks, the home is also close to major transport links including the Spirit of Tasmania terminal and Devonport Airport. Devonport's city centre is just a short drive over the bridge.
Whether you're expanding your portfolio or entering the market with a reliable investment in mind this property is worth your attention.
Contact Colin on 0408 666 301 for further information or to arrange your private inspection.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
