1&2/19 Mulgrave Street, South Launceston TAS 7249

Offering excellent return as a dual-income investment opportunity are these two centrally located South Launceston units. Situated within walking distance of the CBD and LGH with a solid rental history, the recently updated units offer a wonderful opportunity not to be missed!

• Dual income opportunity in central South Launceston
• Great potential for Airbnb, with an estimated return of $80-$100 approx. per night.
• Two recently updated units with solid rental histories
• Recently renovated inside and out
• Repainted, floors re-sanded, and new tiling
• New reverse cycle air-conditioning unit in each
• Takeaway shop across the road and within walking distance of the CBD and LGH
• Strong rental histories
• An excellent opportunity sure to attract a lot of interest!

Council rates: $675 p/q approx.
Water rates: $300 p/q approx.
Land size: 358m2 approx.
Building size: 145m2 approx.
Year built: 1915
Rental: Unit 1 – tenanted until March 2020 for $245 per week. Unit 2 – tenanted on a month by month lease for $270 per week.

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.