21 Gleadow Street, Invermay TAS 7248

Perfectly positioned within walking distance to the Launceston CBD, Seaport precinct, Invermay shops, UTAS Stadium and the University, this character-filled home has been thoughtfully divided into two separate tenanted units, offering a reliable dual-income stream for the savvy investor. With original architectural touches and modern updates, the property is a blend of function and enduring appeal in a high-demand rental area.

• Two Fully Self-Contained Units – Both Currently Tenanted

• Unit 1 (Front):
 – 1 bedroom, 1 bathroom
 – Open plan living
 – Freshly painted and in good condition
 – Off-street parking for one car
 – Tenanted at $355 per week

• Unit 2 (Rear):
 – 2 bedrooms, open plan living
– Freshly painted and in good condition
 – Off-street parking for two cars
 – Tenanted at $400 per week

• Character Features:
 – High ceilings, original windows (some with coloured glass)
 – Decorative ceiling detail
• Prime Location:
 – Walking distance to the CBD, Seaport, Invermay shops, UTAS Stadium and University
 – Close to public transport options
With both units already tenanted and generating a combined income of $755 per week, this is a solid investment opportunity in a sought-after and central location.

Council rates approx. $2700 p.a.
Water rates approx. $2000 p.a.