$710,000

5 Bed  •  3 Bath  •  3 Car  •  726m²

Main view of Homely block of units listing, 129 Low Head Road, Low Head TAS 7253
Floorplan of Homely block of units listing, 129 Low Head Road, Low Head TAS 7253
Second view of Homely block of units listing, 129 Low Head Road, Low Head TAS 7253
+21

Sold

129 Low Head Road, Low Head TAS 7253

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$710,000

  • 5
  • 3
  • 3
  • 726m²

Block of Units Sold on Mon 4 Oct, 2021

What's around Low Head Road

Block of Units description

“Knock three times…. Exciting investment opportunity!”

A very unique and rare find awaits the astute business investor. THREE level set, WATERFRONT, eye-catching modern units could very well be the ones you have been longing for. With multiple options on offer, why are you still reading?

Yes, the photos showcase the true beauty of these modern units with uninterrupted waterfront views with all-day sun. All 3 units are currently tenanted (48 hours' notice must be given prior to inspections). However, let's discuss these opportunities.

Low Head is renowned for its pristine beaches, little penguin colony, historically significant Pilot Station and of course its iconic Light House. It is approximately a 40-minute drive to the City of Launceston and less than an hour to the Launceston Airport. The property is located just 3 minutes from George Town which has recently experienced an influx of investment with $6.86 million going towards a world-class mountain bike trail and significant capital investment throughout the town. George Town has plenty to offer in its own right with a Hospital, several schools, two supermarkets, award-winning dining establishments and a close-knit, supportive community.

There is currently heightened interest in the Bell Bay Industrial area with the proposed Hydrogen Energy plant and expansion announced for Timberlink. This not only offers significant growth in job opportunities but has also shown a major opportunity for the provision of accommodation, both short and long term.

Low Head could offer an Airbnb or short term rental option with an expected potential return of $150 per night for each of the 2 bedroom units and $100 per night for the 1 bedroom unit.

The vendors have also saved the next investor time and money by already having the approval in place to strata the units should the purchaser/s wish to do so and will provide the approval documents on successful completion of purchase.
Pick up the phone, this rare investment opportunity will not last long!

- Aerial / Drone footage available soon.

Land Size: 726m2 (approx)
Build Size: Total - 339m2 (approx)
Year Built: 1966

*Please note this property is currently tenanted and 48hours clear notice will need to be provided
to the tenant prior to any inspection of the property.

We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Building details

Area: 339m²

Land details

Area: 726m²

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129 Low Head Road, Low Head TAS 7253
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