1/68 Frederick Street

Perth TAS 7300

114 m²

368 m²

House

Currently for sale - view listing

Overview

First Home or Next Investment

This renovated 1860s character home offers the kind of practical first-home opportunity that’s increasingly hard to find. Updated in 2019, it keeps the high ceilings and period features that give the house real substance, while the layout and finishes feel straightforward and easy to live in day-to-day. Three bedrooms, one bathroom and two car spaces deliver simple, low-maintenance living that suits a first home buyer looking for solid bones and a manageable property. The rooms are comfortably proportioned, the flow is clean, and the overall presentation is functional without being fussy — a home you can move into and make your own without a long list of immediate projects. At a Glance * 1860s character home, renovated 2019 * 3 bedrooms, 1 bathroom * 2 car spaces * Offers over $549,000 * Currently leased until February 2027 at $560 per week * Quiet street close to local shops, schools and amenities * Short drive to Launceston CBD * Low-maintenance living with reliable income already in place Located on a quiet street in Perth, the property sits close to everyday essentials while remaining only a short drive from Launceston’s CBD. It’s the kind of location that gives genuine convenience without the busyness of the city — ideal for first home buyers wanting an easy start, and equally practical for investors seeking a low-fuss holding. Currently tenanted until February 2027 at $560 per week, the lease is already in place and the tenants are settled. First home buyers can step into a property that has proven rental demand if they prefer to rent it out initially, while investors gain immediate, consistent cashflow with minimal involvement from day one. A genuine opportunity for those seeking character, practicality and steady returns — whether you’re buying your first home or adding a reliable asset to your portfolio. Offers over $549,000.