A Quiet Little Earner 13 Johnston Street, PARATTAH TAS 7120

This is an investment opportunity for an astute buyer looking a cheap property in a quiet location with a long-term tenant hoping to stay on for a lot longer (currently leased until January 2019 at $180pw). The character-filled, 1950s house sits on an easy-care allotment of approx. 669m2 with a large paddock alongside.

The house offers 2 double bedrooms, one with built in robes, and a single bedroom; a large lounge with a wood heater; an open-plan kitchen and a dining area also with a wood heater; a ducted heating system and lots of storage cupboards. The bathroom has recently been re-plumbed and upgraded.

There is the opportunity to complete the renovation work to achieve a higher rent return or transform it into a lovely family home. Parattah was a bustling railway town from the late 1800s but is now a quiet village with around a 100 families and many historic buildings.

Oatlands is approx. 5 minute drive away and has an IGA Supermarket, Medical Centre, District School, great cafes, etc.; the major shopping centres of Sorell are around an hours drive; and Hobart is a comfortable hour, 10 minute drive.