1 Grant Street, Havenview (Tasmania)

Kelly & Co Property, in conjunction with Elders, is pleased to offer to market a rare entry-level freehold residential investment in Burnie, Tasmania. - Net income $56,000pa - Fully occupied five-unit residential complex with a strong occupancy history - Residences include 1 x three bedroom house and 4 x one bedroom units - Situated in an established residential area close to schools, amenities and less than 5km to Burnie city centre - Significant 1,378sqm residential land holding on a quiet street surrounded by established homes and new developments - Burnie: fourth largest city in Tasmania serving as a major port for agriculture and mining - Gross rental income $66,820 - Strong residential investment return - 8.4%+ on gross income of $66,820pa (before owner outgoings) with an approx. net yield of 7.04%. For further information please contact Sarah Broad on 0475 944 322.