This two bedroom unit, within walking distance of a shop and handy to the main business centre of Longford, is an excellent proposition for an investor. Currently tenanted until early July at $200 per week, it presents a gross return of around 7%. Always easy to find a tenant and being low maintenance it’s a perfect proposition to add to an existing property portfolio or an opportunity to buy a first real estate investment.
It could also suit a retired couple or provide accommodation for a frequent visitor to the state, being only around 10 to 15 minutes from the airport and under 20 minutes to Launceston.