Australia | Cooranbong

$1,890,000

139 St John Street, Launceston TAS,7250 Australia

# Location

Description

Rare Launceston Opportunity! Circa 1921, this large heritage listed property is perfectly positioned in the heart of Launceston and ready for its next owner. With a land size of 727m2 and comprising of two shops on St John Street, a fully furnished 3 bedroom apartment upstairs with lift access and a 2 bedroom cottage at the rear plus the bonus of off street parking for 11 vehicles, this is certainly a rare and superb opportunity!

This property offers different opportunities for you including to live in the generous 3 bedroom apartment and receive income from shops and carpark and cottage or lease out the whole building on separate tenancies and earn even more money from your investment.

.Features include: • 2 shopfronts leased on long term tenancies

• Lift access to 3 bedroom apartment upstairs (tenanted till March 2025) • Fully furnished sale for apartment & cottage (Walk in/walk out) • Gorgeous original features including 3.3m high ceilings

• Glass undercover fully enclosed entertainment area • Spacious living & dining areas • Kitchen with skylight & ample cupboards/bench space • 2 bedroom cottage with separate lounge & courtyard at rear • Remote controlled garage door for security of parking • Intercom & security cameras

• Off street parking for 11 vehicles (7 leased on monthly basis) • Centrally located in heart of Launceston • Zoned Mixed Urban Use - potential for further development (STCA)

Council rates: $1,899 p/q approx. Water rates: $890 p/q approx. Building size: 414m2 approx. Land size: 727m2 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.

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Tania Clarke

Agency Name

5 (14 Reviews)

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