Situated in the heart of Launceston’s CBD this lovely terrace is certainly an investment worth considering. Built in 1903 and zoned commercial, the property is leased until October 2011 and currently occupied as a picture framing business with the tenant expressing interest in renewing the lease. Downstairs the property offers 2 living areas separated by an archway, modernised timber galley style kitchen, laundry and storage cupboards. Upstairs features 2 extra large bedrooms, one with built in robes, study/3rd bedroom and bathroom. Other features include polished floorboards, lovely blackwood staircase, original mantles, plus re-carpeted and painted only 3 years ago. There is parking for 1 vehicle at the rear and a sealed common area. The property certainly offers scope for a number of uses, either business or residential (STCA).