Offering genuine flexibility for families, investors or those wanting a separate space for extended family, this well maintained Prospect home combines a spacious three bedroom residence with a separate one bedroom studio above the double garage.
The main home has a practical split-level design, with a generous living area, kitchen and dining space, three bedrooms and a central bathroom with separate toilet. Large windows bring plenty of natural light into the home, while the elevated position provides an outlook across the surrounding area. There is also internal access to the substantial double garage, established gardens and additional shedding.
Above the garage, the self-contained studio adds another dimension to the property. With its own access, kitchen, bathroom, bedroom with built-in storage and a long open plan living and dining area, it works equally well for extended family, older children, guests or as a separate rental.
For investors, the dual tenancy arrangement provides a strong combined rental proposition. The three bedroom home has an estimated rental return of approximately $580 per week, with the one bedroom studio estimated at approximately $320 per week. Representing a gross yield of approximately 6.3%.
Positioned in an established part of Prospect with easy access to schools, shops, public transport and the Launceston CBD, this is a property with plenty of options both now and into the future. Contact Lochie today to register your interest.
