68-70 York Street,
Launceston, TAS 7250

This exciting and majestic offering oozes charm and style whilst displaying desirable development and investment DNA. A must for residential, commercial or investor buyers looking to place funds in a quality property sure to display growth going forward.

Property highlights:
- Large landholding totalling 998m2 in an elevated position with stunning views of city, river and Cataract Gorge
- Meticulous, award-winning renovation creating five residential apartments plus commercial office, suiting the highly active downsizer and affluent owner-occupier markets
- Invaluable 26 bay car park generating strong and stable income along with development potential
- Surrounded by multi-million dollar properties including coveted homes and quality commercial buildings
- Cleverly subdivided paving the way for a purchase in two separate entities e.g SMSF
- Coveted 'Urban Mixed Use' zoning overlay to allow for flexible residential and commercial applications
- Existing accommodation business, plant & equipment and goodwill across the top two floors included in the sale
- Net income potential of $155,000pa on a fully let basis.

For further details please contact Blake Shepherd or Ian Singline