1-3/38 Jubilee Road YOUNGTOWN TAS 7249

Bed 4
Bath 3
Car 3

Investment Opportunity

Set on a generous allotment of 968m² (approx.), we are offering all 3 dwellings (units 1-3) currently on one title. An investor’s dream, these properties represent a substantial opportunity to capitalise on worthwhile rental yields. Co-joined flats, 1 and 2, have been stylishly renovated in recent years, including new roofing, while the back two-bedroom unit was more recently built in 2007.
Close to amenities, all three tenancies consistently attract a strong and stable return, currently with A grade tenants, apparent in the photos provided.

Flat 1 & Flat 2 features:
• 1 Double bedroom with built-in robes
• Updated kitchens, appliances, and meals area
• Polished timber flooring
• Reverse Cycle heating and cooling
• Outdoor North facing timber decks
• Well fenced private yards
• Updated bathroom with vanities
• Assigned carports

Flat 3 features:
• 2 Double bedrooms with built-in robes
• Modern kitchen with quality appliances and dishwasher
• Reverse Cycle heating and cooling
• North facing living and outdoor undercover deck
• Well fenced private yard with garden shed
• Two-way modern bathroom
• Assigned carport with undercover internal access

Situated in the fast-growing locality of Youngtown, only fifteen minutes to Launceston CBD and Airport, and with easy access to local shops and supermarkets, Youngtown primary school, and transport, this investment on a single- level allotment is a viable asset with its many attributes that sets it apart from similar multi-unit sites.
• The units are currently individually leased for a total of $785- per week.
• Rates are currently $3698.86 p/a
• Water approximately $840 p/a

Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate.

Features include
  • Block Of Units
  • 4 bed
  • 3 bath
  • 3 Parking Spaces
  • Land is 968 m²
  • 3 Toilet
  • 3 Carport
  • Dishwasher
  • Built In Robes
  • Deck
  • Fully Fenced
Sold $779,000
Trudi Jones
Sales Consultant

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