Moving to Tasmania and want to live in a lovely suburb in Launceston 2 minutes away from the Cataract Gorge. This 3 bedroom brick home all with built ins also includes a separate 1 bedroom bungalow( teenager retreat) . The property is set on .523 hectres of internal private land within 5 minutes from the CBD, Launceston General Hospital and schools. The property has views to die for. There is the opportunity to subdivide two large blocks off in the future ( great superannuation bonus) or enjoy the total privacy yourself. All the hard work obtaining all approvals is near completion. This home has been in the same family for over 50 years. The house is capable of returning between $500- $600 per week rent and the bungalow $150- $200 per week . Land in this area is almost impossible to locate, the potential $$$$$ for the 2 very large blocks could certainly nest an investor a tidy return in time to come. This is a unique property due to the huge potential of future development , therefore we are looking at respectful offers for the complete package. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.