18 Vermont Road

Positioned in a convenient, high-demand location, this well-configured property presents an excellent opportunity for investors seeking strong returns and flexibility. Currently operating as a share house, the home is designed to maximise rental income while offering comfortable communal living spaces for tenants. With the added bonus of a self-contained unit, there is scope to further enhance returns or accommodate a range of rental arrangements. Key Features: 4 generously sized bedrooms within the main residence 1 bathroom plus 2 separate toilets for added convenience Spacious communal kitchen, dining and living area with ample storage and good-quality units Separate 1-bedroom unit featuring kitchen, living space, and bathroom facilities Fully fenced allotment providing privacy and security Off-street parking available for multiple vehicles Walking distance to Mowbray Shopping Centre and Mowbray Primary School Close to the Senior Campus of Launceston Church Grammar School Easy access to public transport Approximately 10 minutes' drive to the CBD Strong rental returns with established share house setup A ready-made investment with multiple income streams already in place, this property offers immediate returns and ongoing potential. Its practical layout, additional self-contained accommodation, and convenient location make it a smart addition to any investment portfolio. Council Rates approx. $2100 p.a. Water Rates approx. $1200 p.a.