Great opportunity with low interest rates and first home buyers grant to purchase this substantial and spacious 1900 character solidly built city terrace consisting of 2 one bedroom and separate living area apartments. With excellent potential to renovate apartment A (apartment B recently renovated to an impressive standard including tiled and private rear balcony) resulting in good capital gain and currently tenanted with a combined income of $390.00 per week showing a gross return of 7% this property is ideally located and is the perfect opportunity for the investor or a first home buyer to occupy one apartment and rent the other.
Within walking distance to Launceston city centre and general hospital, public transport at the doorstep, supermarket nearby and Charles Street cafes/restaurants close at hand there is possibly never a better time to purchase this type of property.