This is an opportunity to enter the investment market without the large outlay but with a fantastic opportunity for handsome returns.
On its own title is this cedar country style, self contained cabin on 4171m2. It has had a lucrative history as holiday accommodation achieving solid returns.
It's insulated, has heating, gas cooking and is situated just a stroll to the main town centre. Services are town sewer and water.
- Separate bathroom, combined living
- BBQ and outdoor setting, peaceful rural views
- Only one block to the main street in Ross and shops
Recent options have been permanent rent however the last figures over a 12month period for holiday letting have been approx. $18,000p/a. Until recently the property has rented on a permanent basis for 18mths at $170p/w - rates approx. $1000p/a
The cabin was built in 2007 by the current owners and it has enjoyed many visitors. The business adjoining and their wares were featured in Outback magazine and Lonely Planet. Multiple options would be as a holiday rental, live in whilst building, granny flat or holiday home.
Tourists flock to Ross on a regular basis and its well situated between Hobart & Launceston to warrant a stay. Other attraction in the town are Ten Days on the Island, Picnic at Ross, Ross Marathons and the Midlands Film Society and more to town. The local sports club has regular activities and the pub are well patronised. You are not short of somewhere to eat, drink, grocery, retail and market shopping in Ross.
** There are options also available for additional cabins and development
ZONED: General Residential in the Heritage Precinct