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Overview
Low Maintenance Dual-Tenancy Investment in Park Grove
This property presents an exceptional investment opportunity for those seeking dual income in the Park Grove area. Comprising Units 1 and 2 at 6 Curraghmore Avenue, these two low-maintenance residences are situated on separate titles and currently have tenants in place, providing immediate rental returns.
Unit 1 features:
- An open plan living and dining area that maximizes space and comfort.
- Reverse cycle heating and cooling for year-round climate control.
- A combined bathroom and laundry area equipped with a shower and a separate toilet.
- A small platform deck adjacent to the kitchen, ideal for outdoor relaxation.
- Access to a separate shared laundry and storage spaces located at the rear, allocated specifically for this unit.
- The land size is approximately 169 square meters.
- This unit is currently tenanted until June 2027, generating a weekly rental income of $300.
Unit 2 offers:
- A fully renovated and updated interior, including fresh paint and new carpeting.
- An open plan living and dining space designed for modern living.
- Reverse cycle heating and cooling to ensure comfort throughout the seasons.
- A kitchen equipped with a dishwasher and ample bench space for meal preparation.
- A bathroom featuring a shower over the bath and a separate toilet.
- A fully fenced rear yard with a gate, providing privacy and security, along with additional off-street parking.
- Access to a separate shared laundry and storage areas at the rear, allocated for this unit.
- The land size is approximately 368 square meters.
- This unit is currently tenanted until June 2026, with a weekly rental income of $340.
Additional property information:
- The property was built in 1967.
- An updated rental appraisal is available upon request.
- Both units are on separate titles, offering flexibility for investors.
Location advantages (approximate distances):
- North West Regional Hospital is 1.5 kilometers away.
- Urgent Care Clinic is within 500 meters.
- Burnie Primary School is located 600 meters from the property.
- Hellyer College is 1.6 kilometers away.
- Burnie Central Business District is 2.1 kilometers from the property.
This dual-tenancy property is an excellent set-and-forget investment, ideally suited for investors looking to add a practical and income-generating asset to their portfolio. Its convenient location and low-maintenance design make it a compelling choice for long-term rental income.
Note: All measurements are approximate. Prospective purchasers are advised to conduct their own investigations to verify the information provided.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Park Grove TAS 7320
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 137 m² |
Market Insights for Park Grove TAS 7320
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