Savy Investors Take Note

7 Lyons Street

Savy Investors Take Note

7 Lyons Street Somerset

Sold for $650,000

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This property offers a vast array of investment opportunities, situated in a street in the sought after township of Somerset - which offers the coastal lifestyle - with walkings tracks, beaches, cafes, restaurants, IGA supermarkets, schools, all perched on the ever popular north west coastline of Tasmania.

All the hard work has been done for you, here this property is set and forget with three good tenants already in place, in all 3 units/apartments.

Consisting of 3 neat and tidy joined units, located on a good size corner block of 733m2. The property is SOLID brick construction with aluminium windows and painted a modern dark grey on the exterior which gives the property wonderful street appeal.

There is ample off street parking space for numerous vehicles with dual street access from both Lyons Street and Beaufort Street. Outside you will also find a large fully fenced yard for kids to play freely and a large undercover outdoor entertaining area which can be enjoyed by all occupants all year round.

The current landlord is making a good return and has had long term tenants in most of the units and kept rental prices very reasonable and affordable for them. We can provide current market value appraisals upon request.

UPSTAIRS: (Unit 1 & 2/7 Lyons Street)
Each of the upstairs units has been updated and maintained over the years, with reverse cycle heating and cooling systems in both, open plan kitchen/dining/lounge rooms. Two bedrooms with built in wardrobes, separate toilet and a neat Bathroom. The properties also have their own private under cover court yard/deck/entertaining area and sea glimpses from both lounge rooms.

Downstairs: (7 Lyons Street)
You will find a massive home with 3 bedrooms all with built-ins, 2 living rooms and 2 bathrooms. It has been fully renovated and is both spacious and modern the owners have spared no expense to make sure this place is comfortable and a place to be proud to call home. Light and bright, ample storage, internal access garage and all heated via a reverse cycle heating and cooling system.

Sitting neatly in the picturesque township of Somerset on a level flat block within walking distance to the town centre, amenities and only a short drive to the Burnie/Wynyard Airport.

These properties are sure to attract mass interest from savvy investors: continue to rent out and reap the rewards or move the whole family in!

Building Size: 235m2 (approx.)
Land Size: 733m2 (approx.)
Beds: 7
Baths: 4
Garage Spaces: 1
Year Built: 1971

One Agency Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own in
Contact Agent:
Mel Draper
0437 071 501
Office:
140 Wilson Street
Burnie Tasmania 7320
0437 071 501
Mel Draper

Features

Category: BlockOfUnits
Main Features
  • Property Type: BlockOfUnits
  • Bedrooms: 7
  • Bathrooms: 4
  • Land Size: 733 m2 (approx)
  • Building Size: 235 m2 (approx)
  • Toilets: 4
General Features
  • Ensuite
  • Garages
  • Living Areas
View Floorplan

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