16 Balaclava Street, Invermay

Investment Opportunity: Prime Real Estate in Invermay!

House

5    2    3  

For Sale

Offers Over $569,000

Inspection Times

Please contact Richard Bailey to arrange an appointment.

Property Information

  • Land area approx 311sqm
  • Floor area approx 96sqm

Property Features

  • Air Conditioning
  • Car Parking - Surface
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Deck
  • Heating
  • Open Spaces 3
  • Outdoor Area
  • Toilets 2

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Discover an exceptional investment opportunity in Balaclava Street. This property offers a combination of prime location and excellent returns, making it a standout choice for savvy investors.

Key Features:
5 Bedrooms, 2 Bathrooms: Spacious and versatile, perfect for families or multiple tenants.
Decked Area: Enjoy both covered and uncovered outdoor spaces for relaxation and entertainment.
Ample Parking: Convenient parking for up to 3 cars, a rare find in such a central location.
Prime Location: Walking distance to the CBD and University, making it highly attractive to students and professionals.

Proximity to UTAS Stadium, Inveresk Precinct, and Seaport offers recreational and cultural amenities at your doorstep.
Currently Rented with a Strong Return
This property is currently rented and generating a good return - Gross 8% - ensuring immediate income and a secure investment.

Don't Miss Out!
Invest in a property that offers both strong rental income and potential for future capital growth. Contact us today to learn more about this unique investment opportunity on Balaclava Street in Invermay!

Council Rates approx. $1700
Water Rates approx. $1100

Location and Amenities

Nearby Government Schools

Launceston Big Picture School, Invermay Primary School, Launceston College, East Launceston Primary School, Newstead College, Trevallyn Primary School, West Launceston Primary School & Northern Support School
+16 more

Nearby Private Schools

Launceston Church Grammar School - Junior Campus, Scotch Oakburn College - Elphin Campus, St Finn Barr's Catholic Primary School, Sacred Heart Catholic School, Tamar Valley Steiner School, The Launceston Preparatory School, John Calvin School & St Thomas More's Catholic School
+9 more

Contact Richard Bailey for more information.

117 Cimitiere Street Launceston TAS 7250
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