Somerset Median PriceThe House price is 2% higher than last year. Surrounding suburbs | Floorplan | Map | Nearby prices | Property Description: | SOLD BY..... DEANNE LAMPREY 0417109714 Located a short walk to the beach and shops plus a close commute for those working in Burnie, this property is in obvious demand as a long term rental. It's no surprise that it has a solid record of tenancy since 2010 and with a current lease agreement lasting through to August 2013, you could start collecting income today... Simply sit back and harvest the return from this fantastic investment property. Key Investment Factors Include: - Weekly Rent $280 - Lease running until August 2013 - Gross Yield: 5.94% - Vacancy Rate since July 2010 is 1.16% What the current tenant loves - Cool in summer, warm in winter - Level & secure yard - Handy to beach, school & shops Lot/Plan No: 20/54734 Lot/Plan No: 20/54734 | Search neighbour's planning permit |
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