Nestled in the heart of Launceston, just a short stroll from the CBD and Launceston General Hospital, this beautifully updated 1920s weatherboard home is brimming with character and modern convenience.
Offering a versatile layout with a modern fully self-contained flat downstairs, this property presents an outstanding investment opportunity offering an impressive rental return of nearly 6% or a fantastic option for those seeking separate accommodation for extended family.
The upper level of the home has been freshly updated, with a full internal repaint creating a bright and inviting atmosphere. The charming kitchen is well-appointed with quality appliances and ample storage, seamlessly flowing into the living and dining spaces. The living space is light-filled and feature polished timber floors and expansive city views, providing an elegant setting to relax. The home offers three good-sized bedrooms. A central bathroom with a bath and separate shower completes this level.
Downstairs, a modern fully self-contained one-bedroom flat adds incredible flexibility to the property. Featuring a kitchenette, ensuite, and private entry, this space has recently been rented for $350 per week. Whether used as an income-generating investment, a guest retreat, or independent accommodation for family members, this space enhances the home's appeal.
Externally, the property is designed for low-maintenance living, with a private tiered rear courtyard perfect for entertaining or relaxing. Off-street parking is easily accessible via a side street, the freshly asphalted driveway leads to a recently constructed carport and a garage/storage shed.
Positioned in a prime Launceston location, this home offers an exceptional lifestyle with incredible versatility for a range of buyers. Whether you're looking for a sound investment, a home with additional income potential, or a charming city residence, 36 Upton Street is a rare opportunity not to be missed.
Weekly rental estimate - Main home $450 per week approx.
- Self-contained flat $350 per week approx.
• 1920s weatherboard home in central Launceston;
• Stylish kitchen with quality appliances;
• Self-contained flat with separate power meter;
• Great investment opportunity;
• Off-street parking consisting of recently constructed carport & garage/storage.
Year Built: 1920
House Size: 163sqm
Land Size: 584sqm
Council Rates: $2,488pa approx
Water Rates: $1,300pa approx
Municipality: Launceston City Council
School Catchments: West Launceston Primary School
Zoning: Inner Residential
Sims for Property 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.
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