8/23-27 Elouera Street RIVERSIDE, 7250

Your Gateway to a Great Investment Opportunity!

Looking for a great long-term investment? How about a lucrative AirBnB opportunity? Or maybe you're someone who is eager to enter the property market? Well, look no further! These two units present an incredible chance to secure your future while enjoying the benefits of a fully furnished home.

Privacy and low maintenance are key features of these properties. With the flexibility to interconnect or separate the two spacious rooms, you can customize the layout to suit your needs. The open plan living area provides a comfortable and inviting space, complemented by a separate functional kitchen area that ensures convenience and functionality. The bathroom is complete with a separate shower which adds to the practicality of these residences.

Comfort is guaranteed year-round with the reverse cycle air conditioning system, ensuring you can relax in perfect temperature no matter the season. In terms of parking, worry not - this unit comes with a dedicated car spot, providing both convenience and security for your vehicle.

Location is everything, and this property delivers in that regard. Situated just a stone's throw away from Launceston CBD, you'll enjoy easy access to work, shopping, dining, and entertainment options. Riverside Plaza, with its array of amenities, is within walking distance, catering to all your daily needs. And don't forget the breathtaking Tailrace Park right across the road, perfect for leisurely strolls or picnics.

Don't miss out on this incredible opportunity to secure units 7&8/23-27 Elouera Street, Riverside. Whether you're seeking an investment property or a place to call home, these fully furnished gems tick all the boxes.

Long term rental estimate around $310 - $320 per week approx., with an approximate 7.7% return.
The past 12 months short term rental history for Unit 7 is $37,861.00 gross and Unit 8 $37,436.00 gross.

- Great investment opportunity;
- Each unit being sold as fully furnished;
- The ability to have the rooms interconnected or separate;
- Low maintenance and private;
- Great location with designated parking.

Council Rates: $684pa approx
Water Rates: $760pa approx
Body Corporate: $1,260pa approx
Municipality: West Tamar Council
School Catchments: Riverside Primary & Riverside High School


Sims for Property 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 investigations.