Positioned in a convenient, high-demand location, this well-configured property presents an excellent opportunity for investors seeking strong returns and flexibility. Currently operating as a share house, the home is designed to maximise rental income while offering comfortable communal living spaces for tenants. With the added bonus of a self-contained unit, there is scope to further enhance returns or accommodate a range of rental arrangements.
Key Features:
• 4 generously sized bedrooms within the main residence
• 1 bathroom plus 2 separate toilets for added convenience
• Spacious communal kitchen, dining and living area with ample storage and good-quality units
• Separate 1-bedroom unit featuring kitchen, living space, and bathroom facilities
• Fully fenced allotment providing privacy and security
• Off-street parking available for multiple vehicles
• Walking distance to Mowbray Shopping Centre and Mowbray Primary School
• Close to the Senior Campus of Launceston Church Grammar School
• Easy access to public transport
• Approximately 10 minutes' drive to the CBD
• Strong rental returns with established share house setup
A ready-made investment with multiple income streams already in place, this property offers immediate returns and ongoing potential. Its practical layout, additional self-contained accommodation, and convenient location make it a smart addition to any investment portfolio.
Council Rates approx. $2100 p.a.
Water Rates approx. $1200 p.a.
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