14/1A Waldhorn Drive

Grindelwald TAS 7277

This is a fabulous opportunity to acquire TWO strata title units in the very private and sought after Tamar Ridge vineyard in the beautiful Tamar Valley, just 20 minutes from the Launceston CBD. Both of these units are currently being utilised in the short term tourism market and are showing an excellent net rental return in excess of 8.5% Built in 2004 of very innovative architectural design, unit 4, a one bedroom unit and unit 14, a two bedroom unit both capture breathtaking Tamar River views and maximises winter sun through full length floor to ceiling glass. The two apartments offer investors a range of possibilities to suit a broad range of guests wanting short stays in a unique vineyard setting. Apartment 14 offers a spacious living area with kitchen/laundry and dining facilities and a scenic side deck, perfect to enjoy al fresco dining. A double sliding door leads to the spacious master bedroom and a sparkling en suite with walk in shower and separate bath that has been also cleverly designed to capture the stunning view. The adjoining 2nd bedroom offers king sized studio apartment also with its own private deck. This studio apartment also offers kitchenette and bathroom and of course the stunning views. Both apartments capture all day sun to stay warm and toasty all through the year. In addition, each offers reverse cycle heating and cooling for all year round comfort. Apartment 4, like apartment 14, offers full kitchen, spacious living area, laundry, spacious bathroom and side deck to capture the sun and views. Located in the heart of Brown Brothers Tamar Ridge Vineyard (formerly Rosevears Estate) and just a stroll to their Cellar Door, both units will be ideal to add to your investment portfolio! Built for tourist accommodation, this rare opportunity offers the astute investor the opportunity to earn an excellent income in the tourism industry and is offered fully furnished on a walk in walk out basis. Excellent rental history and forward bookings into 2018. Rarely does an opportunity with so many choices come on the market and in such a picture perfect location. Don't hesitate to arrange an inspection now!