2 Effingham Street, South Launceston TAS 7249

This South Launceston property offers three separate, self-contained, 1-bedroom units. A great investment giving excellent returns with each unit having long-term tenants, who are wishing to continue their tenancy. The property is centrally located and offers an elevated outlook of the city below. Ideal for investors looking for a good capital gain return, along with an income from the rent.

• Versatile South Launceston property
• Three separate units
• Situated on a generous block with a spacious, secure backyard
• Single garage with secure storage space
• Centrally located, within walking distance of the LGH and city center.
• This property has been an excellent investment over the last 25 years

Council rates: $3,400 p/a approx.
Water rates: $580 p/q approx.
Land size: 680m2 approx.
Building size: 205m2 approx.
Year built: 1938
Rental estimate: $435 per week approx.

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.