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14 Peel Street,
South Launceston 7249, Tasmania

3 bedrooms
2 bathrooms
2 car spaces
743m² land size
House

Price withheld


Returning 6% for Investors

If you are in search of a dual living investment property or a home for you with separation for an extra person, or even potentially income generating short stay accommodation then this opportunity in South Launceston will be worth considering. It is ideally located within walking distance to the Launceston CBD and the General Hospital so it will also be perfect for professionials who work in the heart of Launceston. The property has been freshly renovated and updated so it really is a case of move straight in or rent out on day one.

The main dwelling consists of two bedrooms which both have ample built in storage, The bathroom has modern floor to ceiling tiles which create a soft feel. There is ample storage in the kitchen which also features brand new appliances, a dishwasher and receives great natural light throughout the day. The large open plan living takes advantage of the wonderful view over the city and down the river. There are also polished floorboards throughout the home and a functionable laundry.

Under the same roofline is the studio apartment that also has been painted throughout, has had a new kitchen installed and has a low maintenance combined bathroom and laundry so it will be suitable if you are looking to offset your expenses by renting out the studio or if you have guests visiting.

There is also a reverse cycle air conditioner in both dwellings, double glazed windows and doors installed and blockout roller blinds throughout the home. With a combined rental return of $700 per week, this is sure to make a great investment or home for the right buyer.

For further information, please call Duncan Morrison at Ray White Launceston.




*Ray White Launceston has no reason to doubt the accuracy of this information which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Explore the area


School catchments

  • Glen Dhu Primary School Primary K-6 Government 0.41km
  • John Calvin School Combined Prep-10 Independent 1.3km
  • OneSchool Global - Launceston Campus Combined Independent 1.4km
  • Punchbowl Primary School Primary K-6 Government 1.7km
  • Summerdale Primary School Primary K-6 Government 1.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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