139-141 St John Street, LAUNCESTON TAS 7250

Bed 5
Bath 2
Car 1

Inner City Investment Opportunity - 5 Potential Incomes

A fantastic opportunity to add to your Investment Portfolio.

Located in the heart of Launceston City only two minutes walk to the Launceston Mall, is this superb property.

Featuring a Circa 1921, heritage listed property with a beautiful facade.

There is the possibility of five separate income streams or you could live on site in the house or cottage & receive the other 4.

Comprising two St John St shops which are fully leased on long term contracts.

There is a spotless 3 bedroom house upstairs with its own lift. The house is superbly presented, freshly painted throughout, with original features including high ceilings, ceiling roses & original timbers. It comprises spacious lounge & dining areas, eat in kitchen & a terrific undercover fully enclosed deck area, ideal for entertaining. The house also has two car parking spots at the rear.

The two bedroom brick character cottage at the rear has separate lounge & a courtyard at the front, which could also double as an extra parking spot.

At the rear of the property are 7 extra car parking spots which are fully leased. The house, cottage & parking bays are secured by a remote control garage door with intercom & security cameras

Potential gross income, all fully leased, approximately $96,000 per annum.

Features include
  • House
  • 5 bed
  • 2 bath
  • 1 Parking Spaces
  • Land is 723 m²
  • Floor Area is 414 m²
  • 4 Toilet
  • Carport
  • 9 Open Parking Spaces
For Sale
Offers over $2,950,000
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