Rarely does a central character Terrace as neat as this come to the market in Launceston. Featuring a spacious external balcony including the absolute bonus of two on-site secure undercover car parks off Earl St.
The first floor has only recently been painted throughout including new carpet to the open plan living-dining, the balance polished floorboards.
Numerous other features include:
. New ground floor Commercial lease at $18,000 Net Pa plus a further $9,000 pa income from an additional rear tenancy.
. The recently refurbished first floor is now currently operating as active short to medium stay accommodation with potential gross income of between 30,000 - $40,000 plus Yr 1.
. Scope to live centrally with minimal management.
. An end character Terrace with a leafy green setting to the south.
This is a set and forget investment possibly one for the superfund until retirement or simply consider living on-site and enjoy central city life only a short distance from one of Launcestons trendy and popular café strips.
Contact the agent Marcus Douglas
For more details, please email agent