16-18 Smith Street, Devonport, TAS 7310

Safeguard​ ​your​ ​future​ ​investment​ ​in​ ​Bricks​ ​and​ ​Mortar…
Safeguard​ ​your​ ​portfolio​ ​in​ ​one​ ​of​ ​the​ ​safest​ ​investment​ ​sectors…
Safeguard​ ​your​ ​passive​ ​income….

This​ ​particular​ ​CBD​ ​located​ ​property​ ​has​ ​outperformed​ ​many​ ​commercial​ ​superfunds​ ​for​ ​its​ ​owner​ ​over​ ​the​ ​last​ ​14​ ​years​ ​and​ ​they​ ​are​ ​now​ ​in​ ​the​ ​retiring​ ​phase​ ​of​ ​de-investing.

Current​ ​rent​ ​appraisals​ ​see​ ​the​ ​units​ ​comfortably​ ​reaching​ ​$320PW​ ​giving​ ​a​ ​gross​ ​yield​ ​of​ ​over​ ​5.5%.​ ​

Each​ ​2-bedroom​ ​1-bathroom​ ​unit​ ​has​ ​been​ ​renovated​ ​in​ ​recent​ ​times​ ​allowing​ ​the​ ​complex​ ​to​ ​enjoy​ ​a​ ​low​ ​maintenance​ ​future.​ ​Featuring​ ​a​ ​generous​ ​open​ ​plan​ ​kitchen​ ​dining​ ​living​ ​space.​ ​​ ​The​ ​neutral​ ​tones​ ​throughout​ ​and​ ​light​ ​filled​ ​with​ ​all​ ​day​ ​sun​ ​and​ ​off-street​ ​parking​ ​invites​ ​relaxed​ ​city​ ​living.​ ​Recent​ ​improvements​ ​include​ ​updated​ ​wiring,​ ​plumbing,​ ​new​ ​roof​ ​and​ ​guttering.

This​ ​unit​ ​complex​ ​is​ ​ideally​ ​located​ ​close​ ​to​ ​schools,​ ​gym,​ ​shops,​ ​restaurants,​ ​sporting​ ​facilities​ ​and​ ​a​ ​5-minute​ ​stroll​ ​to​ ​Rooke​ ​St​ ​and​ ​the​ ​city's​ ​main​ ​commercial​ ​centre.

This​ ​property​ ​is​ ​very​ ​popular​ ​with​ ​tenants​ ​for​ ​all​ ​the​ ​above​ ​reasons​ ​guaranteeing​ ​a​ ​stable​ ​passive​ ​investment​ ​income​ ​for​ ​years​ ​to​ ​come….

For​ ​further​ ​information​ ​please​ ​contact​ ​the​ ​listing​ ​agent​ ​Leigh​ ​Jordan​ ​today.

One​ ​Agency​ ​Collins​ ​has​ ​systems​ ​and​ ​procedures​ ​in​ ​place​ ​to​ ​verify​ ​the​ ​accuracy​ ​of​ ​the​ ​information​ ​provided,​ ​however,​ ​clients​ ​should​ ​rely​ ​on​ ​their​ ​own​ ​enquires.