21 Nietta Road LINDISFARNE, TAS 7015Offers invited around $830,000
PRIME INVESTMENT OPPORTUNITY
House - LINDISFARNE TAS
This solidly built circa 1968 brick property is an exciting proposition bursting with potential. Desirably located in popular Lindisfarne and with contemporary updates throughout and a multiple tenancy opportunity positioned on a generous allotment of 718sqm, this home will appeal to investors seeking to capitalise on the chance to generate more than one income stream or home buyers looking for a property that will work for them to create additional income as well as a comfortable home.
The upper level apartment comprises four double bedrooms, one bathroom, a light filled and generous living room with original fireplace and kitchen with space for casual dining. The sunny balcony offers a private space to relax outdoors. Leased until 5th April 2010 at $360 per week.
The lower level comprises multiple opportunities.
Flat 1 accommodates a combined kitchen and living space, a double bedroom with built in robes and a bathroom. Leased until 23rd November 2019 at $250 per week.
Flat 2 consists of a combined kitchen and living room, double bedroom with built in robes and a bathroom.
The studio has a kitchenette, built in robe, bedroom space and bathroom.
With eight car spaces including the garage, there is an enclosed corner garden with cat enclosure and a shared BBQ area for tenants to make use of. Perfectly positioned within easy reach of the shops and amenities of the Lindisfarne Village, the property is across the road from Lindisfarne Primary School and approx. 1km from Rose Bay High School and nearby to local walking and cycle paths. Just 50m from public transport, the property is also an easy commute to the city.
Currently occupied on long-term leases with good tenants. To obtain further detailed information about the current lease agreements, rental income stream and strata title potential (subject to relevant council approval processes), please call the agent to discuss and book your private inspection. With unlimited potential for the next owners, this is an appealing home in a fantastic location and an opportunity not to be missed.
“We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations”.