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South Launceston Median Price
House$577,400
Unit$490,000
Land$246,200
The House price is 3% lower than last year.
Surrounding suburbs
Kings Meadows$576,600
Newstead$702,200
Punchbowl$573,300
West Launceston$607,800
South Launceston rent price
A39 Pedder Street, South Launceston
Sold $395,000 in Aug 2015 [Rectify]
House: 6 Bed rooms 5 Bath rooms 5 Car spaces
Land size: 1,330 sqm | Building size: 300 sqm [Measure]
Agent: Ray White - Launceston
Distance: 160.4 km to CBD

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Property Description:
OMG! Look at that return!
Welcome to 39 Pedder Street, South Launceston. This large residence has been split into 5 units with an incredible return on your investment - 8.5% plus!
The block is a large1330m, with access off Galvin Street. The property is solid and low maintenance, and has the potential to subdivide (STCA), with plenty of room to build an additional 3 townhouses. The block is elevated, and offers great views of the city and surrounds.
The property would be an ideal investment as is, and the potential for a developer is huge!
Located close to the CBD and Launceston General Hospital. For your private inspection, call Joey Maloney at Ray White Launceston, today.
Lot/Plan No: 1/251322
Lot/Plan No: 1/251322
Search neighbour's planning permit
Nearby Schools:
NameTypeRankDistance
Glen Dhu Primary SchoolPrimaryNo.55951 metres
Comments:
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The property data is from the auction results and realestate websites.

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