Circa 1921, this large heritage listed property is perfectly positioned in the heart of Launceston and ready for its next owner. With a land size of 727m2 and comprising of two shops on St John Street, a fully furnished 3 bedroom apartment upstairs with lift access and a 2 bedroom cottage at the rear plus the bonus of off street parking for 10 vehicles, this is certainly a rare and superb opportunity! .Features include: • 2 shopfronts leased on long term tenancies • Lift access to 3 bedroom apartment upstairs (currently tenanted) • Fully furnished walk in/walk out sale for apartment & cottage • Gorgeous original features including 3.3m high ceilings • Glass undercover fully enclosed entertainment area • Spacious living & dining areas • Kitchen with skylight & ample cupboards/bench space • 2 bedroom cottage with separate lounge & courtyard at rear • Remote controlled garage door for security of parking • Intercom & security cameras • Off street parking for 10 vehicles (6 leased on monthly basis) • Centrally located in heart of Launceston • Currently receiving approx $86,000 pa income with potential for more • Zoned Mixed Urban Use - potential for further development (STCA) Council rates: $1,899 p/q approx. Water rates: $890 p/q approx. Building size: 414m2 approx. Land size: 727m2 approx. Rental estimate: Currently receiving approx $86,000 pa income with potential for more Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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