1-3/45 Hiller Street, Devonport TAS 7310

Offers Over $765,000

4 beds

3 baths

6 parking

Investment Opportunity

HIGH YIELD INVESTMENT OPPORTUNITY IN A PRIME LOCATION

With a yield of over 6% (approx.) this property represents an excellent investment opportunity. Located within walking distance to Devonport CBD and amenities, local schools and parklands and positioned on a private 760m2 approx. internal block, you will find this complex of 3 co-joined brick units.
Two units have one bedroom one bathroom with a spacious open plan living area and the third unit has two bedrooms and one bathroom also with open plan living. All three units have a private rear courtyard providing additional space to relax outdoors. There is a large concrete area at the front of the complex providing ample parking space for all tenants, with a single carport (used by unit 3).
The complex is to be sold collectively even though all three units have separate titles and could potentially be sold individually by the new owner in the future if desired.

Currently leased to valued long-term tenants, this is an opportunity not to be missed. Contact your agent Julie Gale for more information and to arrange a private inspection.

* 6% gross yield (approx.)
* Private internal block in premium part of town
* Potential Development Opportunity S.T.C.A.
* Valued long-term tenants
* Close to schools, CBD and amenities
* All units have a private courtyard
* Separate titles held for each unit

Disclaimer:
Harcourts Devonport & Shearwater 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. All measurements are approximate.

Property Details

• Type: BlockOfUnits
• Bedrooms: 4
• Bathrooms: 3
• Toilets: 3
• Carport Spaces: 1
• Other Parking: 5