Situated in a fantastic location, being less than five minutes to Launceston's CBD, the Cataract Gorge and just around the corner from West Launceston Primary School, this large property has been converted in to four one bedroom units. Each unit is in very good condition, with carpets and interior painting having recently been updated and each unit has its own separate power metre. The property has a long rental history, earning $740 per week in rent, with some long term tenants and very little turn over in the last few years. The opportunity also presents for the home to be converted back in to a very large 4 bedroom, 4 bathroom home (STCA). Private inspections only. Call Peter Lees Real Estate today. *Please be advised that it is now mandatory, as per the Direction Under Section 16 (Contract Tracing – No. 5) of the Public Health Act 1997, for all parties attending a Smart Open Inspection to check-in via the free, easy to use Check in TAS app on your mobile phone. If you do not have access to the Check in TAS app, we are able to register your details on our device. Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.