FOR SALE
Offers Over $569,000

16 Balaclava Street
Invermay TAS 7248

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 96m2
Land area: 311m2
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Investment Opportunity: Prime Real Estate in Invermay!

Discover an exceptional investment opportunity in Balaclava Street. This property offers a combination of prime location and excellent returns, making it a standout choice for savvy investors.
Key Features:
• 5 Bedrooms, 2 Bathrooms: Spacious and versatile, perfect for families or multiple tenants.
• Decked Area: Enjoy both covered and uncovered outdoor spaces for relaxation and entertainment.
• Ample Parking: Convenient parking for up to 3 cars, a rare find in such a central location.
• Prime Location:
Walking distance to the CBD and University, making it highly attractive to students and professionals.
• Proximity to UTAS Stadium, Inveresk Precinct, and Seaport offers recreational and cultural amenities at your doorstep.
Currently Rented with a Strong Return
This property is currently rented and generating a good return - Gross 8% - ensuring immediate income and a secure investment.
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Property Details for 16 Balaclava St, Invermay

16 Balaclava St, Invermay is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 311m2 and floor size of 96m2. The place is currently for sale with The Agency Tasmania.

Building Type
House
Floor Size
96m2
Land Size
311m2

Property Features

Air Conditioning
Deck

Commute Calculator

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About Invermay 7248

The size of Invermay is approximately 4.1 square kilometres. It has 9 parks covering nearly 21.5% of total area. The population of Invermay in 2011 was 3,086 people. By 2016 the population was 3,049 showing a population decline of 1.2% in the area during that time. The predominant age group in Invermay is 20-29 years. Households in Invermay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Invermay work in a professional occupation. In 2011, 48.4% of the homes in Invermay were owner-occupied compared with 44% in 2016.

Invermay has 2,058 properties.

    There are currently 16 properties listed for sale, and 3 properties listed for rent in Invermay on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Invermay.

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    Contact agent
    Richard Bailey
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    The Agency Tasmania
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