115 George Street, LAUNCESTON, TAS, 7250

Enjoy the cash flow plus scope to live centrally

Rarely does a central character Terrace as neat as this come to the market in Launceston. Featuring a spacious external balcony including the absolute bonus of two on-site secure undercover car parks off Earl St. The first floor has only recently been painted throughout including new carpet to the open plan living-dining, the balance polished floorboards. Numerous other features include: . New ground floor Commercial lease at $18,000 Net Pa plus a further $9,000 pa income from an additional rear tenancy. . The recently refurbished first floor is now currently operating as active short to medium stay accommodation with potential gross income of between 30,000 - $40,000 plus Yr 1. . Scope to live centrally with minimal management. . An end character Terrace with a leafy green setting to the south. This is a set and forget investment possibly one for the superfund until retirement or simply consider living on-site and enjoy central city life only a short distance from one of Launcestons trendy and popular café strips. Contact the agent Marcus Douglas

Property Information

SOLD
Site Area: 160m2
Building Area: 313m2
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Agent Contact

Marcus Douglas
0429 820 820
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