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Secure Residential Investment

70 Village Drive, KINGSTON TAS, 7050

Sold

Property Sold in 70 Village Drive, KINGSTON TAS, 7050

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11252428
Status:
Sold
Price:
Price on Request
Last Updated:
25/05/2020
Icon building

Property Type

Hotel/Leisure/Land/Development/Offices
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Land Area

4396 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

Secure Residential Investment

11 two bedroom town residences each comprising separate lounge, dining area, lock up garage with internal access and separate laundry
Completed only 5 years ago and set on an elevated site of approximately 4,396 sqm
Each residence is leased to CHL until 31 May 2022 with tenant responsible for maintenance and upkeep of the property
11 titles to be offered as a whole provides excellent future potential to sell down
Conveniently located close to shops, schools, transport and Kingston Beach only 12 kms South of the Hobart CBD
Current gross income of $171,600 pa approx with annual CPI reviews
Terms 10% deposit balance 30 days

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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