Residential for sale in Mowbray, 12 Pershing Street, Mowbray TAS 7248, 744 m²

Mowbray, TAS

Residential

AUD 620,000

• 7 bedrooms
• 2 bathrooms
• 744 sqm
• 744 m² plot

Positioned in a quiet, no-through street in the popular suburb of Mowbray, this substantial property presents an exceptional opportunity for investors seeking a versatile property with strong income potential. Offering an impressive seven bedrooms, two bathrooms and multiple parking options, the property provides an abundance of space and flexibility. The home sits on approximately 741m² of land and has been configured to accommodate multiple occupants, making it particularly appealing to investors looking for an established income-producing property. The property features a shared kitchen and dining area, multiple toilets, generous off-street parking, a single garage and carport. A range of improvements have also been made, including updated plumbing, an upgraded switchboard, new roof and gutters, reverse-cycle heating and a heat-pump hot-water system. Adding further appeal is the 12.035kW solar system installed in November 2022, representing an investment of more than $12,000, along with a newly built 18m² shed at the rear of the property, completed in 2023. The property is currently generating $1,100 per week in rental income, providing a strong existing income stream for inves…