57a Cypress St, Newstead TAS 7250

Bidding expected to start at $349,000
It's not often we find an almost 1000sqm flat block this close to the CBD, this property currently houses a beautiful 1900's character home as well as garaging for up to 8 vehicles and as it is, you know it is a rare find.
57a Cypress Street, Newstead is within walking distance to the CBD and is located close to all conveniences including schools, supermarkets, shopping, doctors and public transport.
This property is prime for development (STCA) with the ability to knock down and build up to 3 standout townhouses which will potentially bring back a pretty penny in rental income or excellent potential sales price considering the walking proximity to all of Launceston's conveniences. It is also an ideal property to run a business from whether that being a trades business, a doctors surgery, child care, animal care clinic or just about anything as there is also a ton of external parking space.
In saying that however the current arrangement of the property offers a home with all the charm and romance that a character property of this era should have with high ceilings, lead light windows, a very welcoming feel as you walk through the door and the home is kept warm all winter and cool all summer through the use of a reverse cycle system. The bedrooms are spacious with the main offering built-ins and this large home also features a beautiful Blackwood kitchen, large pantry, and bathroom with spa.
To the rear of the home on offer is a space that every entertainer will love and nice big undercover deck. This is a space which will be utilised all summer long as you enjoy the company of friends and family and cooking over the BBQ. From this area you have quick entry to that massive 8x16 metre garage space. The garage is every man's dream, it has a concrete floor and it can fit up to 8 vehicles, therefore ensuring it has a myriad of uses. The garage is certainly impressive.
All in all this home offers something for everyone, Call Veronica today for more information or to arrange your viewing.