29 Glen Dhu Street
South Launceston TAS 7249
- 5 Bed
- 2 Bath
- 4 Parks
Offers around $550,000
- Next open time
- 21st Sep 2024 (11:00 am - 11:30 am)
Calling all investors - one address, two occupancies.
This classic Californian bungalow's conversion into two self-contained apartments complements its capacity for delivering rental returns in a location that offers convenient proximity to Coronation Park, Glen Dhu Primary School and Launceston's CBD.The floor-plan's division features a three bedroom unit at the front of the home, that attracts rent of $380 per week while the two bedroom apartment at the rear returns $340 per week for a combined weekly total of $720 or some $37,440 per annum.
Each entirely functional floor-plan offers well-maintained, independent spaces served by user friendly kitchens and central bathrooms on an allotment that provides ample off street parking for tenants at the rear.
Current year Local Government Rates, $2,788; Land Tax $ 1,701 and TasWater fixed charges, $2,099 apply to this property, poised to continue its track record of consistent investment performance while also delivering ongoing capital growth and potential for commercial re-development of the site if so desired, STCA.
Features
General Features
- Property Type: House
- Bedrooms: 5
- Bathrooms: 2
- Building Size: 167sqm
- Land Size: 519sqm
- Living Areas: 2
Indoor Features
- Toilets: 2
Outdoor Features
- Open Car Spaces: 4
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