7/107 Channel Highway, Kingston TAS 7050

Best offer over $365,000

2 beds

1 baths

2 parking

Secure Investment Property, Guaranteed Return

This fantastic 2 bedroom unit offers a rare opportunity to secure a long term, rental investment in Kingston, a popular and growing suburb within 15 kms from the Hobart CBD.
This modern and well maintained unit has a rental return of $420 per week, with the current lease in place until 2022. The rental return is also reviewed every 12 months and has seen on average an increase of 2% per annum.

The suburb of Kingston itself has seen a 13.1% growth* in the median price of units in the last 24 months and 25.5%* over the last 5 years.

If you have been seeking a secure investment to add to your property portfolio or would like to start a portfolio than this is a great place to begin, but, be quick to enquire as opportunities such as this are few and far between.

Unit Features:
2 Bedrooms
Open plan living
Reverse cycle heatpump
Double Glazing
Fully fenced
Easy Maintenance yard
Lockable and internally accessed single garage
Close to Shopping centres, Schools and Public Transport

*Statistics retrieved from the REIT (Real-estate Institute of Tasmania)

Property Details

• Type: Unit
• Bedrooms: 2
• Bathrooms: 1
• Garage Spaces: 1
• Other Parking: 1

Features