This is a solid, income secure investment offering immediate cash flow and long term stability. Currently leased at $650 per week with a tenancy secured until 1 April 2027, they have been there for 2 years and would like to stay on, the property delivers an estimated gross return of up to 6%. The long term tenants are keen to remain, providing certainty of income from day one and minimizing vacancy risk, an ideal proposition for investors seeking reliability in a proven rental area.

Set on a generous 756m² (approx.) allotment, the 1969 built brick home offers 3 bedrooms, 1 bathroom, and excellent off street parking with space for up to 5 vehicles using the large shed and driveway. The property has been maintained, featuring a newish roof, upgraded windows, and polished timber floors, helping reduce future capital expenditure.

A key value add is the large powered shed with two roller doors, complimented by a granny flat style space incorporating a kitchen and bathroom. This versatile setup enhances tenant appeal and retention, while offering functional storage or workshop options without increasing management complexity.

Located in a quiet cul-de-sac within a predominantly private housing area of East Devonport, the position supports consistent rental demand. With minimal maintenance required, strong weekly income, and a secure lease already in place, this is a smart, low risk, set and forget investment well suited to both seasoned investors and those looking to strengthen their portfolio.

Roberts Real Estate Nicholson have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only.