115 George Street,
Launceston, TAS 7250
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Map of 115 George Street
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
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 ID: 503222086Last Updated: 19 Feb 2021
04298208...
115 George Street
Launceston, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.