109 George Street, Launceston
Perfect Dual-Income Property in a Prime Location
Apartment
For Sale
Inspection Times
Property Information
- Land area approx 109sqm
- Floor area approx 236sqm
Property Features
- Open Spaces 1
- Toilets 2
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Welcome to 109 George street in the heart of the Launceston CBD
Upstairs Residential Unit:
Configuration: 2 Bedrooms
Access: Via Earl Street
Features: Light-filled with a spacious living room overlooking George Street
Recently updated kitchen
Current tenancy in place until February 2025
Rental Income: $350 per week
Downstairs Commercial Shopfront:
Status: Currently Vacant
Features: Spacious shopfront area with an internal storeroom
Rear access to a lockable storeroom, toilet, and secure onsite car space
Situated in a vibrant shopping precinct, surrounded by well-established Businesses
Estimated Rental Return: Approx. $25,000 per annum + outgoings
Perfect for Investors: Secure residential tenancy upstairs with immediate rental income, and potential for strong commercial returns downstairs
Location Benefits: High foot traffic area, excellent exposure, surrounded by vibrant businesses
Don't miss this fantastic Freehold investment opportunity in one of the most sought-after locations in Launceston. Call today to arrange an inspection!
Location and Amenities
Nearby Government Schools
Launceston College, East Launceston Primary School, Launceston Big Picture School, Newstead College, West Launceston Primary School, Invermay Primary School, Glen Dhu Primary School & Trevallyn Primary SchoolNearby Private Schools
Launceston Church Grammar School - Junior Campus, Tamar Valley Steiner School, Scotch Oakburn College - Elphin Campus, Sacred Heart Catholic School, John Calvin School, The Launceston Preparatory School, St Thomas More's Catholic School & Newstead Christian SchoolContact Wayne Riethoff & Bec Gardner for more information.
Information