4/11 Molecombe Drive, Prospect Vale, Tas 7250

In my 25 years of selling real estate, I am so proud to present this magnificent and very rare opportunity to an astute buyer, both the convict-built cottage 1830 and the home built around 2007 are situated in one of Launceston most prestigious suburbs - "Prospect Vale". Both homes are on a large single title of 2,269m² and both back onto the Casino's Golf course fairway, currently undergoing a multi-million dollar world glass redevelopment. 
The home and the cottage are situated at the end of this executive complex of only six other lovely Georgian designed townhouses, all owner occupied, very impressive!
Molecombe Cottage - Convict built in 1830:
This is one of Tasmania's historically treasured landmark properties and your opportunity to own your own slice of Tasmanian history! Molecombe Cottage, renovated for practicality and comfort, but still retaining all the original features you would expect in this lovely large cottage, there are 4 bedrooms, 2 bathrooms, 2 'Daikin' inverters, open fireplaces, kitchen, 3 living areas and complete with its own yard and parking.
The main residence adjacent:
Constructed around 2007, and connected by a six metre long glass atrium to the cottage with lockable doors at each end. This modern family home consists of 3 bedrooms - main with ensuite, lovely balcony overlooking the golf course, 2 bathrooms, study, also with its own balcony, which are situated upstairs. Downstairs there are 2 large separate living areas, kitchen and dining, laundry and a separate toilet for convenience. Adjacent and to the right outside there is a 6m x 6m colorbond garage with power and a remote-controlled roller door, at the rear there is one huge entertaining deck, complete with bi-folding entry doors to the home, which overlooks this enormous rear yard, again all super quiet and very private.  There is also a small babbling brook and a row of trees along the back boundary, located on the golf course title, for extra privacy and peace of mind.
The two homes basically have separate grounds, loads of parking, the complex has total security behind  large remote controlled and coded steel entry gates.
For the Investor, this would be a great addition to your portfolio, both the cottage and the home have had long term tenants (currently both on a month to month lease) and the cottage tenants would love to sign a new lease and stay on, if this is your preference, or maybe you could live in one, or even rent both out for a good return.
Please Note: There are no AirBNB's permitted in this complex.
Both the Cottage and the home are on separate, power, water, sewer and council rates, for maximum investment return. 
• Extremely low cost, Body Corp. rate for Cottage and Home = $2,200 per annum - which includes building insurance, all maintenance on common grounds and a huge maintenance fund in the bank.
• Council rates for both cottage and home are $2,610.61 per annum.
• Current rent return combined = $850.00 Per week. Unchanged for 2 years.
*Revised Rental by our State Business Developer: Cottage $420.00 p/week and Home $560.00 to $580 p/week.  
• Available - Two articles on Molecombe Cottage: Country Style article dated around 15 years ago "Molecombe Cottage: Where Time Stands Still" by Christine Wishton and photographed by Greg McBean. 
Second article "A piece of England's England". New Home & Renovator - about the same time.


Call Peter today for your own private inspection!

"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Please note, photos are indicative of the property only."