Character home or triple income!
Here is a rare opportunity to secure a piece of South Launceston history! This gracious period home is perched in an ultra-convenient location just a short walk to The Launceston General Hospital and quality cafes, restaurants & schools and CBD. This is a fantastic opportunity on the city fringe for any savvy buyer – renovate now and have a magnificent family home, or sit back and collect the rents and develop this highly sought-after piece of land down the track! Currently divided into 3 comfortable flats, the property has been well kept and updated over time but still offers the charm of many original features.
Flat 1 – 2 bedrooms with original kitchen and renovated bathroom, covered verandah, 1 off street parking spot, excellent long-term tenant currently @ $200 per week with the potential to increase to market rent of $240+ in Oct 2021.
Flat 2 – 1 bedroom with renovated kitchen and bathroom, courtyard, 1 off street parking spot, currently vacant – rental estimate of $220 per week.
Flat 3 – 2 bedrooms with renovated kitchen and bathroom, covered verandah 1 off street parking spot, excellent long-term tenant currently @ $200 per week with the potential to increase to market rent of $240+ in Oct 2021
Land size: 771m2
Living size: 172m2
Land tax: $703pa
14A Peel St at a glance:
• Classic 1900 weatherboard character home
• Ultra Convenient location
• Walk to the City and hospital
• Currently split into 3 separate flats
• Potential to convert back to 1 large house
• Off street parking for 3 cars
Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
- 5 bed
- 3 bath
- Land is 771 m²
- Floor Area is 172 m²
- 3 Open Parking Spaces