The phone enquiry code for this property is – 1891

This house and unit are located on 1600 square meters of land with 180 degree views of the city of Launceston.
Both property’s are maintained to the highest standard with established landscaping and private access to both property’s plus off street parking.
The house is covered with thermal board cladding offering insulation and minimal maintenance.
The unit is cladded with horizontal cement sheeting again offering minimal maintenance.
Both dwellings are leased with long term tenants,
The property offers a good return with the house returning $360pw and the unit $200pw.
Both rental returns could be increased by10% if needed to stay in line with demand.
This property’s, due to a shortage of housing and rentals makes it a good investment opportunity.
Plus the owner could rent one dwelling and occupy the other.

The house is 2 story with 4br and 1 study.
The unit is single level with 1 bedroom

The house offers;
The bathroom has tiled flooring a full size bath plus shower, toilet and vanity.
The kitchen has a dishwasher, stove, walk in pantry and large windows offering natural light.
The lounge/dining room is spacious with polished wood floors in the dining area and carpet in the lounge.
The house is heated by a large free standing wood heater situated in the dinning / lounge area.
The lounge opens onto a spacious fully enclosed glass sun room offering panoramic views of the city and Tamar River.
The master bedroom located on the lower level is spacious with private vanity unit, and carpeted floor.
The second bedroom on the lower level is also spacious with a carpeted floor.
The laundry is situated at the rear of the lower level and also has an additional toilet plus access to the rear of the house area and rotary cloths line.
The second level has one large bedroom with large windows offering natural light and views of the city.
The second bedroom is smaller with again large windows and suitable for a single person.
The last room is small, suitable for a study of very small bedroom.
All rooms upstairs are fully carpeted.

The unit offers;
An open plan spacious kitchen and dining area with natural light.
The kitchen has tiled flooring and the lounge is carpeted.
The lounge also opening onto a sun deck with unobscured views of the city and river.
The unit has 1 large bedroom with walk in robes plus shower and toilet and laundry.
The unit is separated from the house by a large colour-bond fence offering security and privacy.
The unit also has an area under the sun deck suitable for storage.

Both properties are serviced by town water (no gas) and sewage.
The rates are paid annually to the Launceston City Council and 2019/2020 the amount was $2294.45.
The water and sewage is paid quarterly with the amount averaging around $590.00 per quarter based on tenant water consumption.
In brief this property my wife and myself have owned since early 2000 and has been an investment property during this time.
We have now reached the retirement age and feel its time to cash in some of our investments before we fall of the perch.
The property is designed to offer minimal upkeep while ensuring a good financial return.
The property has serviced us well over the last 20yrs and with rental properties being in great demand has become the ideal long term investment.
Our price is negotiable up to a point.