52 Norwood Avenue, Norwood TAS 7250

This unique 1951 property on a substantial 997sqm block offers exceptional value with direct frontage to Launceston Golf Course and dual income potential of $690 per week. Currently split into two dwellings with leases extending into 2026, the configuration provides immediate returns for investors or flexible living arrangements for extended families.

The main two-bedroom home features polished timber floors and neutral tones, while the self-contained rear dwelling offers complete independence with its own bathroom and kitchenette. The large flat block provides ample space for future development or simply enjoying the premium golf course outlook.

Perfect for first home buyers seeking renovation potential, investors wanting established returns or families needing multi-generational living solutions. Located just 5 minutes from Kings Meadows shopping and 9 minutes to Launceston's CBD with quality schools nearby.

Key Features:
• A 1951 three-bedroom home (split into 2 dwellings)
• Potential to value add for first home buyers, renovators or investors
• Situated on a large and flat 997 sqm block with direct frontage to Launceston Golf Course
• Dual income currently - $690 per week with leases into 2026
• Main house offers two bedrooms, polished floorboards & neutral palette throughout
• Perfect for extended families with a granny flat/self-contained one-bedroom at the rear
• Both dwellings offer bathrooms, full kitchen in the main house & kitchenette in the rear
• Polished timber floors in two-bedroom & raked ceilings in the one-bedroom
• Reverse cycle air conditioning in two-bedroom home
• Double carport and off-street parking
• Just a 5-minute drive to shops, supermarket & services at Kings Meadows
• Short walk to Norwood Primary and close to private and public schools
• Only 9 minutes' drive to Launceston's CBD

Contact Jeremy Wilkinson for your inspection.

Rental return:
$400 pw (two-bedroom) leased until 14/9/26
$290 pw (one-bedroom) leased until 4/2/26
** Inspections will require at least 48 hours' notice**
House size: 155 sqm
Land size: 997 sqm
Built: 1951
Council: Launceston
Council Zoning: General Residential

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**