28 Watchorn Street, South Launceston TAS 7249

Ideally positioned between Kings Meadows and the Launceston CBD, this three-bedroom, one-bathroom brick home offers an outstanding opportunity for first home buyers and savvy investors alike.

Inside, the home retains a warm retro charm with its classic kitchen featuring gas cooking, and a well-sized loungeroom complimented by a reverse-cycle heating for convenience and comfort. A bright sunroom adds flexibility for a multipurpose room, whether it is a home office, playroom, or an additional living space.

Outside, a carport provides off-street parking, and a spacious backyard offers endless opportunities to enjoy the outdoors - whether you envision a play area for children, raised garden beds, or a cosy outdoor area to relax and enjoy.

Set on a 521m² General Residential block, the property is currently leased through Peter Lees Real Estate until February 2026, with a tenant eager to stay on, should an investor purchase - providing immediate income.

Whether you're looking to enter the property market or expand your investment portfolio, 28 Watchorn Street offers comfort, convenience, and excellent potential in a highly sought-after area.

Current Lease expiry 28/2/26 Current Lease $340pw
Updated Rental appraisal $440-$480 pw

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.