1 & 2/5 Howard Street, Invermay, TAS 7248

This property offers an excellent investment potential with dual rental incomes. This 127m2 home has been divided into two units, providing the opportunity to maximize the rental return. Situated in Invermay, the units are conveniently located near local shopping areas, UTAS Inveresk campus, the Riverbend Park and Seaport, and only 5 minutes away from the city centre.

Both units feature renovated kitchen areas with electric appliances, modern bathrooms, reverse-cycle heating and cooling, built-in robes in each bedroom and fenced outdoor areas to allow for privacy and comfort. Unit 1 is located at the front of the building and is one bedroom, one bathroom with a separate living area. Whilst Unit 2 offers an open plan living spaces, two bedrooms, and a single garage.

The two units are currently tenanted and managed through Peter Lees Real Estate, with lease dates valid until 2025. The combined rental return for the property is $1,410 per fortnight.

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.