98 Sycamore Road, Risdon Vale, Tas 7016

If you're looking for an investment property that delivers reliable returns with long-term potential, this spacious four-bedroom home deserves your attention. Currently leased to excellent tenants until January 2027 at $545 per week with room to grow, it offers immediate rental income from day one.

Inside, the home features four generous bedrooms, with the main bedroom offering a walk-in wardrobe and additional storage. The open-plan kitchen and living area is bright and functional, complete with a reverse cycle air conditioner for year-round comfort.

A large laundry/utility room provides excellent practicality and leads to the fully fenced backyard. Outside you'll find both a deck and a covered entertaining area, while the rear of the property enjoys a peaceful outlook over a reserve with a creek.

Vehicle accommodation is well catered for with a substantial double garage and additional off-street parking for several vehicles. Additional features include solar hot water and security shutters.

While the home would benefit from some cosmetic updates over time, it presents as a solid, comfortable property with plenty of scope to add value in the future. Combined with its established tenancy and attractive rental return, this is an excellent opportunity for investors seeking a property with proven performance and future upside.

For further information or to arrange an inspection, please contact Matt Carne.

The Vendor reserves the right to accept an offer at any time during the marketing period.

To arrange your inspection, please contact our office using the Contact Agent link on this page.

All measurements are approximate. Interested purchasers should make their own enquiries and satisfy themselves as to the accuracy of the information provided. The particulars contained in this advertisement do not form part of any contract.

Type

House

Bedrooms

4

Bathrooms

1

Parkings

4

Area

687 m²

House Size

132 m²