The perfect passive investment – set and forget and reap the rewards of a high returning investment. Price reduced with potential of 10.5% return on investment.

* Fully leased freehold property (business not included)
* 5 year lease plus 5+5 options
* Currently returning approximately $38,000.00 pa
* Tenant paying outgoings including rates, land tax and Taswater
* Annual rent increases
* Potential returns to landlord approximately 9%

Outstanding opportunity for the passive investor looking for a high returning investment – tenants income stream is secured with a mixed business plus 3 bedroom attached residence. The business is under pinned by secure income from the Post Office, fuel sales, take away food, newspaper and general store lines.

Comfortable 3 bedroom home has 2 living areas, excellent country kitchen and large master bedroom. Located only 15 minutes from Launceston on a prominent tourist route to Scottsdale, this business is a local icon!

Think outside the square and look beyond residential investment and consider this high performing mixed commercial / residential freehold property.