13 Nichols Street, Kings Meadows TAS 7249

Best Offer Over $399,000

8 beds

3 baths

2 parking

Investment return of approx. 7.81%

We have fresh to the market for the first time in 16 years a fortuitous opportunity to start or build on your investment portfolio, we are offering 2 investments in 1 property and on 3 levels.

13 Nichols Street Kings Meadows has 8 bedrooms plus 3 kitchens and 3 bathrooms. Comprising of a 6-bedroom split level home for a large or blended family. Main level has 4 bedrooms with bathroom, kitchen and lounge, while upstairs through an internal staircase we have another good size open plan kitchen/lounge, 2 bedrooms and separate bathroom allowing plenty of separation if required. The views over Kings Meadows are outstanding with plenty of natural daylight through the large north-easterly windows. This part of the home is tenanted until January 2020 at $400.00 per week with the tenants wishing to stay. Heating comprises of a closed woodfire, reverse cycle heat-pump and electric wall heaters.

Downstairs there is a 2-bedroom self-contained flat with private entrance renting until December 2019 at $200.00 per week with the tenants also wishing to stay.
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details

• Type: Apartment
• Bedrooms: 8
• Bathrooms: 3
• Other Parking: 2

Features