FOR SALE
Offers Over $549,000

27 Clark Street
Mowbray TAS 7248

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Floor area: 13m2
Land area: 511m2
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Calling All Investors

Fully renovated inside and currently operating as a shared house accommodation, receiving an outstanding 7.5% rental return, this property is the perfect walk in and walk out investment.
Everything inside is brand new! New tile flooring in heavy foot traffic areas, new carpet in all four rooms, new cabinetry fit out and appliances in the kitchen and a brand-new bathroom, even the roof is brand new!
Each room is furnished with a bed and wardrobe, there is not a single thing you need to do to the interior of this property.
There are ample parking options, a secure, gated double carport, a single garage underneath and off-street parking for up to five vehicles.
The location is terrific, in a quiet area with good neighbours.
Conveniently close to public transport and within walking distance to the vibrant Mowbray Shopping and Business Centre and not far from the University and Mowbray Primary School. Only five minutes stroll down the road to Heritage Forest, one of Launceston's best walking parks and just a quick drive into the Launceston CBD.
Bushby Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details for 27 Clark St, Mowbray

27 Clark St, Mowbray is a 4 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 511m2 and floor size of 13m2. The place is currently for sale with The Agency Tasmania.

Building Type
House
Floor Size
13m2
Land Size
511m2

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About Mowbray 7248

The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2011 was 3,751 people. By 2016 the population was 3,747 showing a population decline of 0.1% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a labourer occupation. In 2011, 51.6% of the homes in Mowbray were owner-occupied compared with 47.9% in 2016.

Mowbray has 1,881 properties. Over the last 5 years, Houses in Mowbray have seen a 56.76% increase in median value, while Units have seen a 60.35% increase. As at 31 October 2024:

  • The median value for Houses in Mowbray is $428,503 while the median value for Units is $350,006.
  • Houses have a median rent of $445 while Units have a median rent of $400.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Mowbray.

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Richard Bailey
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