16 Collis Court
Brighton, TAS 7030

This property is an excellent opportunity for investors seeking a reliable income stream with built-in growth potential. Constructed in 2010, this brick-veneer home is situated in a quiet court in Brighton, one of Southern Tasmania's fastest-growing communities. The home is currently tenanted by a long-term resident with a fixed lease until October 2026, providing immediate rental income without vacancy concerns.

The residence features four genuine bedrooms, including a main bedroom with two walk-in robes and three additional bedrooms with built-in or standard robes, ensuring ample storage and appeal to a broad tenant pool. The living area is spacious and bright, combining lounge and dining zones that are comfortable year-round thanks to reverse-cycle air-conditioning.

The kitchen is well-appointed with a walk-in pantry and dishwasher, flowing conveniently into a separate laundry area. The family bathroom includes both a separate bath and shower, complemented by a separate toilet, a layout highly sought after by tenants at this price point.

With approximately 114 square meters of single-level internal living space, the home is wrapped by a full-width front verandah, enhancing its street presence and outdoor enjoyment. The construction includes brick-veneer walls and a Colorbond roof, offering a low-maintenance and cost-effective solution for landlords.

The property sits on a level, fully fenced 692 square meter block, providing clear space and potential to add a garage or carport in the future, adding tangible value. The location is ideal, close to schools, transport, and services, making it a desirable address for tenants.

Currently rented at $525 per week, the property is leased through a reputable agency with an independent rental appraisal suggesting achievable rent between $590 and $610 per week upon lease renewal, indicating real upside potential. The security deposit is held via the Rental Deposit Authority, and pet approval is in place for one labrador kept outside.

Additional details include a title reference of CT 157083/55 with standard easements and covenants, and no unregistered dealings. The property is tidy, well-maintained, and quietly earning, making it a smart addition to any investment portfolio.

Features include reverse cycle air conditioning, balcony, deck, fully fenced yard, built-in robes, and one toilet. This set-and-forget investment offers peace of mind with a settled tenant and documented rental growth potential.

Investors looking for a hassle-free income property in a sought-after location will find this home an outstanding choice. The numbers support the value, and the property is ready to work for you from day one.