70 Shaw Street, BEACONSFIELD – Offers over $475,000
High Return Investment With Easy Development Upside
Well located just off Weld Street is this excellent parcel of flat land comprising a large total area of 2716m2. Only a short walk from the town centre this land is positioned metres from popular tourist destination; the Beaconsfield Mine and Heritage Centre and soon a Craft Beer Distillery (under construction). 70 Shaw Street is also a 10-15 min drive to thriving tourist destinations such as Platypus House, Sea Horse World and Tamar Valley Wine Route.
The land currently has 3 residential units situate, with two fully self contained two bed units and the other laid out as a fully self contained spacious 3 bedroom unit. The two bedroom units are currently under lease with the larger 3 bedroom unit being used as an Air BnB.
Beaconsfield itself has all services that one needs including doctor, pharmacy, news agency, post office, grocery stores, butcher, bakery, cafe, pizza shop and Chinese restaurant providing an exceptional lifestyle only 40 minutes from Tasmania's Northern Capital, Launceston.
The net rent on a fully let basis is approximately $40,356pa and with opportunity to develop more units this figure has a lot of room to increase.
This is a fantastic opportunity to receive an excellent return on investment and to develop whilst receiving income (s.t.c.a) in the lovely town of Beaconsfield.
For further details contact Joel Harwood