Best Offer Over $549,000
This renovated 1950s home, complete with a brand new self-contained unit, offers a blend of vintage style and modern convenience. It offers a fantastic potential rental return close to 8% with the rear unit already with a lease in place until 5/9/25.
Enjoying picturesque views over the North Esk River basin and city skyline, this delightful property offers the best of both worlds: a renovated main house with three bedrooms, an open-plan kitchen with brand new appliances (including double Smeg ovens!), fresh paint and high ceilings with classic picture rails plus the brand-new unit includes a kitchenette, separate bedroom and bathroom, ideal for guests, additional family members or for creating an income as short or longer term rental.
The property offers off-street parking and is close to everything you need. Just a 4-minute drive to Launceston CBD, Mowbray Shopping Centre, shops and schools.
Key Features:
• Renovated 1950's charming home with brand new separate self-contained unit
• Standalone title - not strata (already with a lease in place at $350pw incl utilities)
• Excellent investment - potential Airbnb for side income (STCA) or dual tenancies
• Lovely outlook over the North Esk River basin and across the city
• Refurbished, open plan kitchen/dining features new appliances including two Smeg ovens
• Brand new kitchenette in the unit
• Freshly painted throughout in neutral tones
• Period features retained of high ceilings and picture rails
• Three double bedrooms in the main house (main with built-in wardrobes) + one bedroom in the unit
• Updated bathroom with rainfall shower (main house) new bathroom in the unit
• Reverse cycle air conditioning (2 units) - cool in summer & warm in winter
• Off-street parking for 2 cars
• Close to shops, schools, supermarkets and all city conveniences
• Just a 4-minute drive to Launceston's CBD or Mowbray Shopping Centre
Contact Jeremy Wilkinson for your inspection.
Rental return: $490 pw House (including utilities) Lease end 3/10/25
Unit return: $350 pw (including utilities) Lease end 5/9/25
House size: 98 sqm
Land size: 408 sqm
Built: 1952
Council: Launceston
Council rates: $1500 pa approx
Council Zoning: General residential
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
112-114 George Street, Launceston TAS 7250
03 6337 9700
JEREMY WILKINSON
0400895022
