This beautifully renovated late 1800s property in the heart of Launceston's vibrant CBD offers a unique investment opportunity, blending historic charm with strong income. Showcasing the distinctive features of the Early Federation era with Georgian and Federation influences, this property has been thoughtfully extended to maintain its architectural integrity while seamlessly integrating modern amenities.
The commercial component includes three self-contained tenancy suites, occupied by five tenants, with prominent Brisbane Street frontage and private parking. Ground-floor offices have separate driveway access, ensuring a clear distinction between the commercial and residential spaces, which enhances tenant convenience and privacy.
Additionally, the residential component of the property features four large bedrooms, dual-access ensuites, a designer kitchen, dining room, home office, and wrap-around balcony. Secluded gardens, an alfresco area, rear access, and secure parking add further appeal.
With established tenancies providing strong rental returns and the potential for long-term capital growth, this property offers both investment and lifestyle appeal. Its central location in Launceston's tightly held CBD ensures continued demand, making it an excellent opportunity for investors seeking a mix of commercial and residential use.
Inspection by appointment.
