2 Mungala Crescent, Miandetta TAS 7310

Offers Over $590,000

4 beds

1 baths

Investor looking for 6% Return?

This neat and tidy 4 bedroom brick home is located in Miandetta, a popular suburb of Devonport where all facilities and services are on your doorstep. This spacious family home backs onto parkland, a great extension to the fenced backyard for children to play! Good size block (appx. 766m2) offers off street parking plus a single carport. Built in 1968 of brick veneer construction with an iron roof. Reverse Cycle Air Conditioner.

This property has been leased by the same company for nine years, with the company recently signing a further 12-month lease at $685 per week, representing an approximate 6% gross return at the asking price.
The company manages the property and pays the rent directly. Under the arrangement, rent remains payable regardless of occupancy.

*The information contained herein has been supplied to us by sources which are considered reliable and we have no reason to doubt its accuracy. However, all interested parties should make their own enquiries to verify this information to be correct. All measurements are approximate and are for illustrative purposes only.