2/9 Burns St, Invermay is a 2 bedroom, 2 bathroom House and was built in 1958. The property has a land size of 354m2.
Step into the allure of this cottage-style home, housing two fully-furnished one-bedroom units, with a blend of classic floorboards, updated kitchens, and bathrooms, all bathed in natural light.
Positioned at a coveted corner, this property offers off-street parking, ensuring convenience in your daily routine. The location is a dream ? just a stone's throw away from the City, University, Inveresk Precinct, UTAS Stadium, Heritage Forest and local Primary Schools.
Unlock the investment potential as both units are currently tenanted with long-term leases, ensuring a steady income stream. This property presents a hassle-free opportunity to secure your financial future through dual rental income.
These contemporary living spaces align urban connectivity with the tranquility of home. Don't miss out on this dynamic investment opportunity where modern living meets long-term financial stability.
Council Rates approx. $1600
Water Rates approx. $1200
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 2,051 properties. Over the last 5 years, Houses in Invermay have seen a 58.03% increase in median value, while Units have seen a 46.49% increase. As at 31 October 2024:
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