12 Vermont Road, Mowbray TAS 7248

Money Earner in Prime Location, close to CBD! Here is a great investment opportunity for you to take over! Situated in a fabulous prime location and was currently earning $260 per week over many years with no rental increase. Throughout the home is original timber fret work, plaster cornices and ceiling roses, the kind you find in those great 1950's homes, all in great condition. The power box has been up graded and the kitchen has been renovated. The bathroom is functional but could do with some modernizing and all the rooms are extremely spacious. The backyard is huge with good driveway access and 180 degree views over Launceston's CBD (possible unit subdivision STCA). Just imagine the rental opportunities this investment has to offer; students, families, your own children plus friends whilst they attend Uni or the Maritime College, or simply move in yourself. Added to this, it is only a short walk to the Mowbray Shopping precinct where you'll find the local Coles, Woolworths, KFC, Hungry Jacks, the Mowbray hotel for a counter meal, plus a huge array of other shops, takeaways and restaurants, not to mention public transport. Call Peter today to get your private inspection.