5/5 Rankine Street
Riverside, TAS 7250

Positioned within a secure and well-maintained complex, this solid brick unit offers comfortable, low-maintenance living in one of Riverside's most convenient locations.

Upon entering, you are greeted by a spacious open-plan living, dining, and kitchen area that is bright and designed for practical everyday living. The modern kitchen is generously sized and well-equipped, featuring ample bench space and storage, making it both functional and welcoming.

The living and dining spaces benefit from abundant natural sunlight and feel notably spacious. Sliding doors open to a private, low-maintenance yard with artificial turf, providing an outdoor area that can be enjoyed year-round without the need for upkeep. This space is ideal for entertaining guests or relaxing in privacy.

Both bedrooms are well-sized and include built-in robes, providing convenient storage solutions. The main bathroom is modern and thoughtfully designed, featuring a bath and a separate toilet for added convenience.

Externally, the property includes an undercover carport and a garden shed for additional storage needs. The flat, easy-care allotment enhances the practicality of the home. Additionally, the property is connected to NBN Fibre to the Premises, ensuring fast and reliable internet access.

Located just moments from Riverside Shopping Centre, public transport options, walking tracks, and quality local schools such as Riverside Primary, Riverside High, and the highly regarded Trevallyn Primary School, this property offers excellent accessibility. The Launceston CBD is only a short drive away.

Body corporate fees are approximately $1,750 per annum, which includes building insurance. The property is currently rented at $420 per week, with an anticipated increase to between $450 and $470 per week, presenting a solid investment opportunity.