9 Bifrons Ct, Launceston is a 5 bedroom, 5 bathroom Unit with 5 parking spaces and was built in 1930. The property has a land size of 774m2 and floor size of 350m2.
Positions virtually 'on the door step' of the Launceston CBD is this fully let five one bedroom flats currently returning almost $40,000 per annum.
Pics denote interior of flat one whilst vacant(to protect the privacy of the tenant).
This is a strictly limited opportunity to purchase one of those properties that rarely come on the market in this exclusive part of Launceston.
The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.
Launceston has 3,720 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:
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