| House | $713,100  |
| Unit | $449,800 |
| Land | $298,300  |
Surrounding suburbs
| Invermay | $507,200 |
| Mowbray | $442,000 |
| South Launceston | $577,500 |
| Trevallyn | $704,100 |
| West Launceston | $604,500 |
| More Photos |
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| Floorplan | Map | Nearby prices |
| Property Description: |
Multiple Residency Investment 63-65 Elphin Road, Launceston An exciting and rare opportunity to secure a multiple residency investment property, introducing 63-65 Elphin Road, Launceston. Positioned on the prestigious Elphin Road, just minutes from Launceston's CBD, this charming property has been divided into five self-contained units. The property offers duel access off Dowling Street and Elphin Road to a 12 vehicle car park and rear access to the units. Currently receiving a gross income of approximately $1,155 per week, over 7% return, this property is a secure investment. Updated kitchen's and bathrooms, spacious bedrooms and ideal location makes for an appealing rental, with long-term leases in place. Year built: 1920 Building Size: 270m2 Land Size: 845m2 Rent Received: 63A - $255 per week 63B - $225 per week 65A - $240 per week 65B - $215 per week 65C - $240 per week Council Rates: approx. $6,000 per annum Water Rates: approx. $3,600 per annum *All measurements are approximate Read more Lot/Plan No: 1/91981 Lot/Plan No: 1/91981 |
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