Set in the heart of Mowbray, this well-positioned property offers a smart addition to any investment portfolio. With quality tenants in place until May 2026, returning $470 per week, it presents immediate income security in a sought-after rental area.
Just a short walk to Mowbray Shopping Centre, Heritage Forest, Mowbray Primary, the Maritime College and Launceston Church Grammar's senior campus, the location ensures continued tenant demand and long-term growth potential.
• Currently Tenanted: $470 per week until May 2026
• Convenient Location: Easy access to schools, shops, public transport and green spaces
• Three-Bedroom Layout:
- Two bedrooms on the lower level with built-in robes
- Upstairs third bedroom with landing and elevated city/west-facing views
• Open-Plan Living: Combined lounge and dining zone for practical day-to-day use
• Comfortable Interiors: Good carpet throughout the home
• Secure Outdoor Area: Fully fenced backyard – ideal for tenant families or pet owners
• Garage & Parking: Single garage with workshop plus off-street parking for two
Council Rates approx. $1,600 p.a.
Water Rates approx. $1,200 p.a.
A dependable, low-maintenance investment in a tightly held location – ready to deliver returns from day one.