The seaside town of Scamander - on Tasmania's iconic East Coast is offering an ideal investment opportunity. Positioned on a flat allotment spanning 1647 m2, this low-maintenance investment opportunity is comprised of four units. Each solid brick villa offering a two-bedroom one bathroom layout, complete with off-street parking/garaging, and outdoor spaces. The neatly presented property offers established gardens, and a beautiful street appeal. The location of the property offers a sea outlook, from the two front dwellings, and is within walking distance to the Scamander waterfront. Currently offered on one title - the groundwork and approvals are in place to continue with Strata Title development. The property is shown as a proven long term rental investment, with tenants currently in place. Get in touch for more information today regarding the current rental return, as well as Strata Development details. With so much to offer, do not miss the opportunity to purchase this wonderful investment.