5 Gourlay Street, Maydena, Tas 7140

Discover an outstanding opportunity to secure a high-performing investment property or a comfortable country home in the picturesque town of Maydena, Tasmania. Located at 5 Gourlay Street, this meticulously updated residence offers immediate returns and immense future potential.

Key Investment Highlights:

Strong Rental Income: Currently tenanted at an impressive $420 per week, this property delivers a robust and reliable income stream, making it a highly attractive addition to any investment portfolio. 
Maydena has shown strong rental yields, outperforming many larger markets, with average yields around 6.0-6.4%.

Recently Updated & Low Maintenance: Enjoy peace of mind with a property that has undergone significant recent updates, including a brand-new bathroom and kitchen. This ensures minimal immediate expenditure for the new owner and appeals strongly to tenants, contributing to long-term occupancy.

Quality Finishes Throughout: The home boasts quality carpets, appliances, and fitments, creating a comfortable and modern living environment. These superior finishes not only enhance the property's appeal but also contribute to its longevity and value.

Desirable Features for Tenants: The property offers a walk-in robe from the master bedroom and a heat pump, providing modern comforts that are highly sought after by renters in Tasmania's climate.
Practicality & Space: A large garage/shed provides ample storage or workshop space, a significant drawcard for many tenants and homeowners alike. The flat block further enhances the property's usability and appeal.

Growing Regional Appeal: Maydena is a growing area, particularly known for its burgeoning mountain biking park, which drives tourism and economic activity, contributing to continued rental demand.

A Versatile Opportunity:

Whether you're a savvy investor looking for an immediate and strong return on investment, or an individual seeking a tranquil and comfortable country retreat with income potential, 5 Gourlay Street offers the best of both worlds. The property's recent upgrades mean you can move in or continue renting with confidence, knowing the hard work has already been done.

Don't miss out on this chance to secure a top investment in a promising Tasmanian location. Contact us today to arrange an inspection and unlock the potential of 5 Gourlay St, Maydena.

Disclaimer:

Every effort has been made to ensure the accuracy of the information provided in this advertisement. However, prospective purchasers are advised that all details are provided as a general guide only. Buyers are strongly encouraged to conduct their own independent inquiries and due diligence to verify all information and satisfy themselves as to the property's suitability. No reliance should be placed on the information contained herein. Derwent Real Estate accepts no responsibility or liability for any errors, omissions, or inaccuracies in this advertisement.