3/14 Plumer Street, Mowbray
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An investor's delight! So close to the AMC and returning 9%+ Gross!
Sold
Perfectly positioned within a few minute's-walk to The Australian Maritime College, the Mowbray Shopping Precinct and 10 minutes from the CBD, this 7 room Townhouse delivers awesome value for the investor. This property is fully tenanted with a 21-year history of excellent occupancy and great returns. Now is your opportunity to either manage the property yourself or continue to have it managed and reap the rewards. Highly regarded as primarily Maritime College mature student accommodation, as the college continues to expand and plans for the UTAS Campus will provide even more demand, this purpose-built property will continue to be sought-after. Currently providing an 8.3% to 8.8% gross return (based on a gross income of $52,664.33), you can enjoy the substantial return and potential capital growth with a strategy underway to further increase your return. Offering 3 bedrooms, 1...
Price Contact Agent
Contact Stuart Ferrall 0457 765 577
[email protected]
Office One Agency Launceston
Level 2, 68-70 John St, Launceston, TAS 7250, Australia
(03) 6331 0950