1/35 Hampden Street, South Launceston TAS 7249

Being a wise investor you would acknowledge the value in owning property in South Launceston that is located close to Launceston General Hospital, one of the most sought after investment areas for both capital growth and the best returns. This property is one of four units in a quiet location, and is currently tenanted through untill November, returning approx 5.5% gross return with estimated potential gross return of approximately up to 6%. Consisting of an open plan living and dining area with a functional kitchen that offers plenty of storage and is sunny and bright. It has a combined laundry and bathroom and a large single bedroom with built in robe. While being in need of some repair work, this property is priced accordingly and you can potentially gain ground on your capital appreciation in the longer term as it is located super close the the LGH and just a stroll to the CBD of Launceston. Be quick and don't miss out on this rare opportunity!


*Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. *All measurements are approximate.