Unit 3, 83 York Street,
Launceston, TAS 7250
Offers over $265,000
Key property information
Map of Unit 3, 83 York Street
A "well groomed" investment starter.
Fully leased to a vibrant Hair Salon / Beauty parlour, on a three (3) year term (plus further option term), which commenced September 2019, the property illustrates as a likely, low-maintenance, "set and forget" investment, returning better than bank interest.
Current rental income of $18,200 per annum, increases annually based on CPI. The Lessee also pays all outgoings (Council rates; Taswater; Land Tax and Body-corp fees), thereby enhancing the financial returns to the Investor.
In the prevailing low interest rates environment, property investing is proving lucrative.
Invest at "offers over $265,000"
Property ID: 503470830Last Updated: 24 Feb 2020