Tucked away at the end of peaceful Malcombe Street in the postcard-perfect township of Longford, lies an exceptional investment opportunity: two solid brick dwellings on a single title, offering both immediate returns and long-term potential. Built in 1979, these well-constructed units are designed for low-maintenance living. Each home features two generous bedrooms with built-in wardrobes, a well-appointed bathroom, and a single carport. Thoughtful design and large windows throughout ensure the homes are neatly presented and filled with natural light.
Upon entry, you're welcomed into a spacious open-plan living and dining area, complete with reverse cycle air-conditioning to ensure year-round comfort. The adjoining kitchens are both practical and bright, boasting ample storage and large corner windows that flood the space with natural light. The bedrooms are light-filled and include generous built-in robes, while the combined bathroom and laundry offer convenience and efficient use of space. Additional storage is cleverly integrated throughout the hallway, including multiple linen cupboards, enhancing the overall functionality of each unit.
This is a prime investment opportunity in a sought-after location. One unit is already tenanted, with the potential for each to achieve upwards of $370 per week in rental income. Solidly built and low maintenance, these units are ideally situated just 20 minutes from Launceston, in a quiet and charming street that embodies the relaxed lifestyle Longford is known for. Whether you're a seasoned investor or entering the market for the first time, this property offers a rare chance to secure a quality asset in one of Tasmania's most desirable regional towns.
The Facts:
• Year built: 1979
• Land size: 585m2
• Back unit currently rented until August 2026
• Updated rental assessment of $370 per week per unit
• Council Rates: $1,800 per annum
• Water Rates: $575 + variable charges
• Municipality: Northern Midlands Council
Harcourts Northern Midlands has obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own investigations.
Property ID: #L36395251
