FOR SALE
$649,000

14 Peel Street
South Launceston TAS 7249

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Duel Living And Excellent Return

If you are in search of a dual living investment or a home for you with separation for an extra person, or potentially short stay accommodation, then this opportunity in South Launceston will be worth considering. 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 appraisal 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.

Property Details for 14 Peel St, South Launceston

14 Peel St, South Launceston is a 3 bedroom, 2 bathroom House with 1 parking spaces. The place is currently for sale with Ray White Launceston.

Building Type
House

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About South Launceston 7249

The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2011 was 4,447 people. By 2016 the population was 4,589 showing a population growth of 3.2% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation. In 2011, 54.1% of the homes in South Launceston were owner-occupied compared with 52.6% in 2016.

South Launceston has 2,412 properties. Over the last 5 years, Houses in South Launceston have seen a 56.01% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:

  • The median value for Houses in South Launceston is $530,619 while the median value for Units is $378,810.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 13 properties listed for sale, and 5 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in South launceston.

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