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Newnham, 45/15 Alanvale Road

Set and Forget Investment

$110,000

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Listing Number: TLA5566
About this listing
This fantastic investment opportunity has to be one of the the easiest, no-fuss income earners you will see. Strata titled, and currently leased to Alanvale Apartments as part of their accommodation pool, this unit has been in demand for both overnight and longer term stays. A two-storey, stone and render, English cottage-style building, it has been well maintained and is fully furnished, including whitegoods. Accommodation consists of living spaces on the ground floor and on the first floor a queen size bedroom, walk-in robe/ study/ second bedroom and bathroom. The complex is located within easy walking distance of the University and Maritime College. In the very capable hands of a forward thinking management team, the unit has a minimum guaranteed return for the owner and very positive forward bookings and potential for further growth. You, as owner, reap all the benefits without the hassles of finding tenants or handling repairs and maintenance. Just wait for your monthly cheque to arrive. What could be easier?
Property Information
  • Floor Area: 63 sqm
  • Land Size: 111 sqm
  • Approx year built: 1992
  • Property condition: Good
  • Property Type: Unit
  • Garaging / carparking: Off street
  • Construction: Stone
  • Joinery: Timber
  • Roof: Tile
  • Flooring: Carpet and Other (vinyl)
  • Window coverings: Drapes
  • Heating / Cooling: Electric
  • Electrical: TV points, Phone extensions
  • Property Features: Smoke alarms
  • Chattels remaining: Skope electric wall heater, Simpson upright stive, microwave oven, NEC fridge, Hoover washing machine, and dryer, furniture as inspected, Drapes, Fixed floor coverings, Light fittings
  • Kitchen: Open plan, Upright stove, Microwave and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Walk-in-robe
  • Main bathroom: Separate shower
  • Laundry: Separate
  • Views: Private
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered), Garden, Deck / patio
  • Fencing: No fencing
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to schools, Close to transport

Contact Details

Harcourts Launceston

112-114 George Street
Launceston
Office website

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