1/8 Mangin Street, Mowbray TAS 7248

This three bedroom, one bathroom home, located within walking distance to the University, Maritime College and Mowbray Shopping and Business Centre, currently enjoys a steady income with long term tenants in place.

Whilst in need of some refurbishment, the choice is yours - continue with the existing tenancy arrangement or maybe take the opportunity to modernise the home to place back on the rental market.

With the Mowbray area experiencing continually strong rental demand and the street running directly into the University grounds, this home certainly makes an ideal investment.

All bedrooms are exceptionally spacious (main with large built-in robes) and the living area is kept comfortable with an electric heat-pump.

With off street parking for two vehicles, the property is also conveniently located within a short walk to the Mowbray Heights Primary School, two major supermarkets and close to public transport, just a short bus trip to the Launceston CBD.

An excellent investment and/or renovator at great value!