45 Merivale Street, South Launceston

A house located in 20222825 South Launceston TAS. It has an estimated value of $500,000. Built in 1938, featuring 5 bedrooms and 2 bathrooms.

ABOUT THE PROPERTY

Bedrooms
5
Bathrooms
2
Car spaces
4
Land size
697 m2
Building size
121 m2
Council area
Launceston
Year built
1938
Lot plan
20222825 South Launceston TAS
House type
House: One Storey / Lowset



HISTORY

Last sold 26/04/2019
$398,000



LISTING DESCRIPTION
as of June 2020

Dual Income Investment with 6.5% Estimated Return Attention all savvy investors - opportunities like this one do not present themselves very often. These two tastefully renovated dwellings give the astute purchaser the choice to live in one while collecting rent on the other, renting both or simply living in the main home and having a delightful separate cottage for your guests.The main home is immaculately presented, and is a beautifully renovated period home containing original art deco features and modern stylings. Positioned for great sun, the home incorporates a new undercover alfresco area which is perfect for all year round entertaining.A West facing sunroom provides a lovely entry through the original leadlight double doors. Three large bedrooms with polished timber floors, modern bathroom, modern laundry with extra toilet and roomy garage with remote entry. The unit has had a full makeover with a great new kitchen and a luxurious new bathroom, plus there is room to convert the second sitting area into a second bedroom. If you're looking to use the unit as an AirBnB there is the possibility of it being sold walk in walk out so you could potentially have an automatic income stream. Both properties are very private and securely fenced which is ideal for both children and the family pets.With high quality fittings used throughout the renovations, this opportunity does not present often!Located only a short stroll from either the Launceston CBD or the Kings Meadows shopping precinct, this property is a must view.For your private inspection call Joey Maloney at Ray White Launceston today.