139 St John Street, Launceston, TAS, 7250, Australia

Circa 1921, this large heritage listed property is perfectly positioned in the heart of Launceston and ready for its next owner. With a land size of 727m2 and comprising of two shops on St John Street, a fully furnished 3 bedroom apartment upstairs with lift access and a 2 bedroom cottage at the rear plus the bonus of off street parking for 10 vehicles, this is certainly a rare and superb opportunity!
.Features include:
• 2 shopfronts leased on long term tenancies
• Lift access to 3 bedroom apartment upstairs (currently tenanted)
• Fully furnished walk in/walk out sale for apartment & cottage
• Gorgeous original features including 3.3m high ceilings
• Glass undercover fully enclosed entertainment area
• Spacious living & dining areas
• Kitchen with skylight & ample cupboards/bench space
• 2 bedroom cottage with separate lounge & courtyard at rear
• Remote controlled garage door for security of parking
• Intercom & security cameras
• Off street parking for 10 vehicles (6 leased on monthly basis)
• Centrally located in heart of Launceston
• Currently receiving approx $86,000 pa income with potential for more
• Zoned Mixed Urban Use - potential for further development (STCA)

Council rates: $1,899 p/q approx.
Water rates: $890 p/q approx.
Building size: 414m2 approx.
Land size: 727m2 approx.
Rental estimate: Currently receiving approx $86,000 pa income with potential for more

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.