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42 Crandon Crescent, Newnham

Outstanding Investment Opportunity - House or Two Units!

$219,000 - $259,000
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Now here is an outstanding investment opportunity! 42 Crandon Crescent in Newnham is a 2 unit property with each tenancy located on its own level. With existing tenants already in place, this is a great opportunity to get into the market!

The larger of the 2 units is found on the upper level offering 3 bedrooms and 1 bathroom. The main living space is generous in size with heat pump and flows through to the kitchen and dining. The kitchen offers plenty of bench space, dishwasher, breakfast bar and features a conjoined laundry with access to a deck. All of the 3 bedrooms are of a good size, two with built in robes plus there is a 2-way bathroom services the home and the master bedroom, consisting of a shower, bath, vanity and separate toilet, this unit is well catered for.

The lower unit offers 1 bedroom with an ensuite & views over the golf course. There is also a full kitchen, euro laundry and a separate living space with sliding door access to a deck & a wood heater. The ensuite offers a shower, toilet and vanity.

Large, spacious yard with plenty of room for the kids, pets or veggie patches, off street parking further storage space under the home.

This property is within close proximity to UTAS, the Mowbray shopping complex and 5 minutes drive to the CBD.

With existing tenants in place, this is a simple and easy way to get into a well-returning property market or perhaps your looking for a home with room for guests or the teenagers retreat! Either way, contact Parry Property today to find out more!

Ideal Investment Opportunity:
Currently tenanted for $375 per week (combined) with leases in place until Jan 2018 & Jan 2019, this property would present an approximate minimum rental yield from the weekly rent of 7.5+ %. Please contact Parry Property for further tenancy details.

Build Size:107m2 approx. (upstairs) + 58m2 approx. (downstairs)
Land Size:1067m2 approx.
Year Built:1977
Local Council: Launceston City Council

We have in preparing this listing used our best endeavors to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

David Parry
Director & Licensed Estate Agent
t 03 6343 4361
m 0437 958 895

At a glance

Number of bedrooms
4
Number of bathrooms
2

Land area

1067m2

Floor area

107m2
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