1/47 Orana Place, Riverside, TAS, 7250

Secure Investment with long‑term lease & panoramic views Secure a high‑quality investment property in one of Riverside's most sought‑after locations, this fully renovated and elevated brick home offers immediate income with a secure lease in place until June 2027 at $510 per week. Positioned to capture sweeping views across the Tamar Valley and eastern mountains, the home combines strong tenant appeal with low‑maintenance ownership. The practical and spacious floorplan features open‑plan living with a generous lounge and dining area, flowing seamlessly to a bright, sun‑filled kitchen complete with custom cabinetry and modern finishes. The property comprises three well‑proportioned bedrooms, all with quality built‑in wardrobes, complemented by a newly renovated bathroom with separate bath and shower, plus a separate toilet for added convenience. Recent upgrades include reverse‑cycle heating and cooling, new blinds throughout, and a fresh, modern presentation that minimises ongoing maintenance and enhances rental longevity. Outside, the easy‑care garden provides ample space without the upkeep, while off‑street parking is generous, including a double carport. An additional point of distinction is the unique opportunity to also purchase the neighbouring parcel of land, offering potential upside and future flexibility (STCA). Located just minutes from the Riverside Shopping Complex, local schools and essential services, and less than ten minutes from the Launceston CBD, this is an investment underpinned by location, presentation and long‑term tenant security. A set‑and‑forget investment offering immediate returns and future potential in a tightly held northern suburbs market. https://fs17.formsite.com/TpXuHN/u7tm3yiqzy/index