Conveniently located a short walk to the popular Mowbray shopping centre this spacious four-bedroom, two-bathroom property could be the ideal renovator, first home or investment opportunity you've been searching for. The residence is currently arranged as a share house and when fully let fetching an impressive gross return. With some extra improvements and updates to the property your returns will certainly grow. Entering the home, you are greeted to a wide hallway leading to a generous size living and kitchen area which offers internal access to the spacious backyard. The home is kept cozy all year round with a Hitachi inverter heat pump while the four bedrooms are large in size with the master featuring its own ensuite. The outside has just been completely painted with a new side fence. With a few improvements and the right vision to the large storage space in the attic you may be able to convert this space into a fifth bedroom. Also enough room to build a granny flat (STCA) The Launceston CBD is located a short 8-minute commute while you will be closely situated to public transport, Mowbray Heights Primary School, supermarkets, shopping and business centres and the University and Maritime College.