Andrew Macdonald 0409 368 151

Investment Opportunity – Circa 6%

2/38 Elouera Street, Riverside


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Property Information

  • Land area approx 100sqm
  • Floor area approx 49sqm


Currently rented at $240/week until Feb. '23, this represents around a 6% gross return. This is a low maintenance one-bedroom brick flat in ever popular Riverside. The unit is fabulously light and bright thanks to the northerly aspect, allowing sun into the living room almost all day, and also the private balcony to the rear. Situated on a bus route, and close to all amenities, it's an easy walk to the Launceston CBD or Riverside Shopping Centre. This great property won't last long at this price. Please call to arrange a private inspection today.

Property Features

  • Toilets 1
  • Heating
  • Close to Transport
  • Close to Shops
  • Close to Schools
  • Carports 1
  • Car Parking - Surface
  • Area Views
  • Nearby Government Schools
  • Nearby Private Schools


Riverside Primary School, Invermay Primary School, Trevallyn Primary School, Mowbray Heights Primary School, West Launceston Primary School, East Tamar Primary School, East Launceston Primary School & Glen Dhu Primary School


Riverside High School, Launceston Big Picture School, Launceston College & Brooks High School


Launceston Christian School, Australian Christian College Tasmania - Launceston Campus & John Calvin School


St Finn Barr's Catholic Primary School, St Anthony's Catholic School, Sacred Heart Catholic School, Launceston Church Grammar School - Junior Campus, Scotch Oakburn College - Elphin Campus & Tamar Valley Steiner School


Launceston Church Grammar School
* Nearby schools are selected based on straight-line distance only.

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