Investor alert!

Offers over $195000

  216 Back River Road NEW NORFOLK TAS 7140

With a long term tenant in place (approx. 12 years) that is very keen to stay on long term and with a gross return in excess of 6.5%, this property is a ripper! The current lease has many months to run. This is a very solid investment! The tidy weatherboard home sits on a level block with good sheds, 3 bedrooms (with study / nursery off the main) and is a minutes' walk from the local primary school. The exterior was recently painted, it has a tile roof and aluminium windows - it presents very well from the street. Historically New Norfolk enjoys a very low vacancy rate and rental returns are excellent. Whether you're adding to your portfolio or starting out as an investor, this property represents great value.

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