Sitting in the inner-city, 51 Upton Street offers a rare combination of stunning city views, flexible living arrangements, and solid investment potential. With a strong rental return exceeding $880 per week and a track record of capital growth, this property is an exceptional opportunity in a highly sought-after location.
Just a short walk to the CBD, cafés, shops, multiple schools, and 750m from the Launceston General Hospital, it also holds strong appeal for short-term accommodation.
Upper Level - Character & Elevated Views
A formal entry hall leads into two generous bedrooms, both featuring decorative fireplaces, high ceilings, and Tasmanian oak floors. The open-plan kitchen and dining area is filled with natural light and captures uninterrupted views over the city.
A private verandah extends from the kitchen, offering a perfect vantage point to take in Launceston's skyline. The bathroom features a walk-in shower, classic fittings, and expansive city views framed by French window shutters.
Self-Contained Lower Level
A separate entry provides direct access to the lower floor, making it an ideal second tenancy, guest accommodation, or home office. This level includes:
• A spacious living area
• A well-appointed kitchen with ample storage
• A comfortable bedroom
• A neatly designed bathroom
Outside, a double carport, external laundry, and substantial under-house storage add further practicality.
Private & Low-Maintenance
Set behind established trees, the property maintains privacy while remaining low-maintenance.
With dual living flexibility, strong returns, and an unbeatable position, this is a rare find in Launceston's inner city.
Contact Thomas today to arrange an inspection.
