Coastal Investment with a Tenant in Place Until July 2027

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9/2-12 North Caroline Street, East Devonport TAS 7310

$370,000

Search Band Search Visibility Band

$300k - $350k High Confidence Calculated based on strong search observations.

Unit 2 Beds 1 Bath 1 Car 237 m²

Listed: 15 days ago

Updated: 53 minutes ago

Overview

This well-maintained unit in East Devonport offers a turnkey investment opportunity with an established tenant secured until July 2027, providing immediate rental income and reducing vacancy risks for investors.

The property features two generously sized bedrooms, each equipped with built-in wardrobes, allowing for ample storage without compromising living space. A versatile utility room adjacent to the carport enhances the home's flexibility, effectively serving as a potential third bedroom, home office, hobby space, or additional living area, catering to a variety of lifestyle needs.

The north-facing veranda at the front draws in abundant natural light and creates a welcoming outdoor space ideal for relaxation or casual gatherings. Practicality is further underscored by a fully fenced, low-maintenance yard complemented by a garden shed, minimizing upkeep while providing secure outdoor areas.

Two bedrooms with built-in wardrobes ensure comfort and functionality.
Utility room offers multi-purpose usage, enhancing the home's adaptability.
North-facing veranda maximizes natural light and outdoor enjoyment.
Single carport provides convenient off-street parking with direct access to the utility room.
Low-maintenance, fully fenced yard promotes ease of living.
Close proximity to foreshore, walking tracks, and local amenities enhances the lifestyle appeal.

Ideal for investors seeking an effortless addition to their portfolio or homeowners desiring a manageable home in a coastal setting, this property combines location, functionality, and secure tenancy into a compelling offering.

Local Market Insights

In East Devonport, Quiet Listings observed 9 new units entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $472,667. The property type mix of listed properties is predominantly Houses at 73%, followed by units (11%), and land (8%). The most active agency for units in the East Devonport area is currently Halliwell Property Agents, representing 33% of new listings, followed by Harcourts with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.