2, 3 & 4/17 Verelle Street, Hillcrest TAS 7320

From $175,000 each

3 beds

1 baths

12 parking

THREE UNITS, 6%+ RETURN

This is a rare opportunity to purchase 3 huge strata titled 3 bedroom units. Only minutes from the CBD and a few minutes walk to the Olympic swimming pool complex, local shops and school, the building has been converted from eight small apartments to create four, three of which we are selling today. They have been strata titled and could be sold individually or as a package.

All apartments are 3 bedrooms (all with built ins), modern kitchens with stainless appliances including dishwashers, combined laundry/bathroom and large open plan living. With the smart conversation of this Brick construction, aluminium windows complex means everything is over sized as you will see from the photos, including parking for eight vehicles under carport and the space for 4-6 additional vehicles.

All these features and more make them extremely attractive to tenants, and they are rarely vacant.
All currently leased until May 2021 and returning between $215 and $220 per week.

This is a high quality investment and with plenty of potential for the astute investor over the longer term. These units tick all the boxes for the astute investor: excellent location, quality apartments with great tenants and consistently returns 6%+

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1
• Carport Spaces: 12