Located in one of Launceston’s most prominent inner city locations. This 8 apartment complex offers a range of highly profitable investment options for either passive investors or active operators. From short or long term residential leasing and Airbnb. Historically operated as a stand alone business, it’s currently acting as overflow for a well known hospitality group. Showing strong revenues driven from our tourism sector, this property presents an outstanding opportunity in East Launceston. The apartments offer an abundance of natural light, many with premium views and are well appointed.
- Huge development potential
- Potential strata opportunities
- Excellent car parking
- Close to all major attractions
- Offered as a going concern inclusive of forward bookings
- Land area 589 sqm
- Building area 467 sqm
- Zoned inner residential