18 Home Street, Invermay

At this address is a house situated in 147056 Invermay TAS. We estimate its value at $455,000. Constructed in 1947, featuring 4 bedrooms, 4 bathrooms.

ABOUT THE PROPERTY

Bedrooms
4
Bathrooms
4
Car spaces
4
Land size
776 m2
Building size
200 m2
Council area
Launceston
Year built
1947
Lot plan
147056 Invermay TAS
House type
House



HISTORY

Last sold 23/02/2015
$330,000



LISTING DESCRIPTION
as of May 2010

Modest Outlay, Grand Return Investors take note, return of over 7%. This property is divided into 4x1 bedroom flats, each with lounge, Kitchen/dining, bedroom, bathroom/laundry and has the potential to strata (STCA).3 Flats currently returning $340 p/w, with flat 3 recently painted inside, new carpet and blinds, returning $150 p/w, making it $490 p/w return.This would give you a return over 7% gross. Opportunities are there to upgrade the other 3 flats and get the same return as flat 3 for very little outlay. If you did this and achieved $150 p/w for all of them then the return would be around 9% gross. Be quick to enquire about this property.Enquiries To James Bird on 0418 219 883