99 Balfour Street

This well-positioned two-bedroom cottage presents a rare and versatile investment opportunity on the fringe Launceston's CBD. Ideal for investors seeking flexibility and strong returns, the property offers the unique advantage of two potential income streams on a single title. The cottage has durable polished floorboards with carpet in the 2 good size bedrooms. The cottage is perfectly suited to residential leasing, or live in it yourself. Appealing to tenants wanting inner-city convenience and walk-everywhere, to the LGH, schools, retail and hospitality. At the rear, a separate workshop provides the opportunity to lease to a small mechanical, repair or trade-based business, adding a valuable commercial income component. Offering flexibility and strong income potential, the workshop can be leased separately, creating an extra revenue stream while complementing the main residence. Ideal for investors or owner-occupiers with a business mindset, this is a smart chance to maximise returns and unlock the full earning potential of the property. The property is zoned commercial.