Great location and fantastic opportunity. We are delighted to present to the discerning market this exclusive and opulent opportunity in the highly coveted South Launceston. Boasting an exceptional track record in the upscale Airbnb sector and conveniently positioned within walking distance of the CBD and hospital, this property is tailor-made for those seeking entry into the world of luxurious short-term rentals. This versatile estate provides an array of living possibilities, serving as a lucrative income generator or an elegant residence that seamlessly combines work and leisure. On one side, an exquisite home unfolds, featuring four bedrooms, a distinguished federation-style facade, and an array of exquisite period details. Revel in the timeless allure of timber floors, lofty ceilings, and spacious rooms within the solidly constructed dwelling. The charming cottage garden at the front adds a touch of sophistication. The rear yard offers ample space for children's play equipment and a haven where your pets can comfortably roam and unwind. Experience warmth and comfort in the winter months with a cozy wood fire, while a reverse cycle heat pump ensures cool tranquillity during the summer. Abundant storage is at your disposal with a sizable undercover area between the home and the shop front, offering versatility for undercover entertaining or a bespoke workshop. Adjacent to the residence, a distinguished shop frontage opens the door to myriad possibilities – lease it out, establish your own upscale enterprise, or seamlessly extend your living space with two additional bedrooms and/or an office. Positioned on a prestigious corner block, complete with private secure parking, and just a brief stroll from the hospital, this property enjoys a prime location, mere houses away from the enchanting Coronation Park, featuring an exclusive dog play area. This fantastic spot not only opens up loads of options but also puts you just a hop, skip, and jump away from a blend of great cafes and boutiques. No need to wait – dive into the charm of this amazing property – schedule your private viewing today! *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. Boundary lines are indicative only.