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Launceston TAS

Launceston TAS

60  1 Bedrooms 1 Bathrooms

Located in the heart of Launceston city, within the restaurant precinct, city mall and tourist information centre, and only minutes to  Cataract Gorge, Boags Brewery & River Cruise- the position speaks for itself!     With its fresh organic produce, world renowned brewery and wines and relaxed lifestyle, Tasmania has become the new hot spot for mainlander’s seeking high yield opportunities.

A very spacious one bedroom, one bedroom apartment with large lounge and dining room, and views of the city precinct.

A beautiful original D W Murray building, that showcases stunning architecture of a by gone era.

Lot Asking Price status Gross Return Net Return Weekly Return Annual Rent
301 $368,000 AVAIL 6.80% 5.60% $481.00 ($25,038 p/a

Rent Increasing:        1st July 2020
Rent as of July :           $500 per week ($26,039  per annum)

Lease Terms: Lease to 30/06/2021 plus 5 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2021)

With carpet, paint, bathroom grout/ caulking completed in 2016, this spacious 1 bedroom apartment offers fully equipped living in the heart of town.

With high ceilings, full kitchen andand beautiful aspects from the bedroom  and living room windows, all only a short stroll to restaurants, cafes, and shopping.

Apartment is approximately 60 m2 internal living.

 

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