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1 , 2 & 3//63 Faulkner Road, Ravenswood TAS 7250

Offers Over $425,000 Each

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$425k - $446k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 2 Cars 215 m² 186 m²

Listed: yesterday

Updated: 6 hours ago

Overview

This offering presents a rare investment opportunity consisting of three well-built, solid brick units at 63 Faulkner Road, Ravenswood, each individually titled and available for separate purchase or collective acquisition. Investors benefit from the immediate income streams provided by established tenancies, making this portfolio ideal for those beginning or expanding their property investment journey.

Each unit is thoughtfully designed to support comfortable everyday living, featuring a garage for secure parking, one main bathroom, and a secondary toilet conveniently located off the laundry area, enhancing functionality for tenants. The low-maintenance brick construction promises durability and ease of upkeep, ensuring these units remain attractive and practical over time.

The separate titles grant owners the flexibility to manage their assets independently according to their investment strategy, whether holding, reselling, or consolidating ownership. This setup offers versatility and future potential in a stable rental market.

With a modest land size of approximately 215 square meters per unit and a combined building area around 186 square meters, these properties provide manageable footprints that suit tenants looking for practical space without excessive upkeep. The units were constructed recently, in 2012, aligning with contemporary standards of design and construction quality.

Regular council and water rates are competitively maintained, adding to the predictable cost structure of ownership. These units are well-suited to investors focused on securing consistent rental income with a straightforward maintenance profile in a growing regional area.

Local Market Insights

In Ravenswood, Quiet Listings observed 13 new units entering the market over the last 30 days, unchanged from 13 in the prior period, with an average advertised asking price of $555,462. The property type mix of listed properties is predominantly Houses at 74%, followed by units (12%), and land (8%). The most active agency for units in the Ravenswood area is currently Harcourts, representing 31% of new listings, followed by Harrison Humphreys Real Estate with 23%. 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.