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Kingston, 7/107 Channel Highway

Secure Investment Property, Guaranteed Return

Best offer over $365,000

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Listing Number: TKH9894
About this listing
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 Information
  • Floor Area: 89 sqm
  • Land Size: 223 sqm
  • Approx year built: 2012
  • Property condition: Excellent
  • Property Type: Unit
  • House style: Contemporary
  • Garaging / carparking: Single lock-up
  • Construction: Cladding
  • Joinery: Aluminium
  • Walls / Interior: Gyprock
  • Flooring: Carpet and Tiles
  • Window coverings: Blinds
  • Heating / Cooling: Reverse cycle a/c
  • Kitchen: Original, Separate cooktop, Separate oven, Rangehood, Double sink and Finished in Granite
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Main bathroom: Separate shower
  • Laundry: In garage
  • Views: Urban
  • Outdoor living: Deck / patio
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Locality: Close to transport, Close to shops, Close to schools

Contact Details

Harcourts Kingborough

7 Beach Rd
Kingston
Office website

Property Location

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