This 1920's Federation home is the epitome of family living with space for everyone and it's now ready for a new lease on life. Perfectly positioned in Suffolk Street, Newstead, this home is your rare chance to own a sensational address with the opportunity to add your own touch to this great home. The moment you arrive you will notice the beautiful federation features such as ceiling roses, ornate cornices and high ceilings throughout. The home features 5 bedrooms (currently configured as 4 bedrooms and a studio) with two offering built in robes and a shared ensuite area. The kitchen space is positioned towards the back of the home and features great bench and cupboard space, plus quality appliances including a twin-drawer dishwasher and gas cooktop. Off the kitchen sits the dining space with access straight onto the outdoor balcony. There is a beautiful separate formal living space at the front of the home, a sunroom and both a sunny patio as well as the covered outdoor balcony. Downstairs offers multiple spaces, with three further bedrooms, a second bathroom, living, kitchen and rumpus area, plus another laundry space. This can be used as a self-contained area perfect for extended family, guest accommodation or a great teenage retreat area. The home offers a great outdoor space with matured, manicured gardens and dedicated storage both outside and under the home. There is no shortage of parking options with the home offering two garage spaces, a separate carport, plus a further dedicated off-street parking space. Suffolk Street is close to great schools including Scotch Oakburn, East Launceston Primary and Launceston Preparatory School. This beautiful home is within walking distance of East Launceston Cafés and Newstead Shopping complex and just a 5-minute trip into the heart of the Launceston CBD. Some features in summary: - 5 bedrooms plus 2 bathrooms; - Beautiful federation features throughout; - Great and extensive storage throughout, including substantial loft area - Lower level offers multiple options including a self-contained area. Built: 1920 Land size: 626m2 approx. House size: 241m2 approx. Water Rates: $1,000.00pa approx. Council Rates: $2,000.00pa approx. Municipality: Launceston City Council School Catchments: East Launceston Primary & Queechy High School