Discover the untapped potential of this 1951 weatherboard home, currently renting for $390 per week. Ideal for investors, this residence is set on a 478 sqm flat block. The open-plan kitchen, dining and family area provide ample space for gatherings. Beautiful high ceilings and original timber flooring hold the promise of a polished revival. Enjoy a private rear backyard, complemented by a carport and off-street parking. Conveniently located in Mowbray, this property is in proximity to local shops, schools, supermarkets, and city conveniences. Embrace the charm of the neighbourhood's cafes and eateries, with a short 10-minute drive to Launceston's bustling CBD. Ideal for investors seeking a property with potential for renovation and long-term growth. Key Features: • A 1951 weatherboard home awaiting your creative touch • The perfect opportunity for first time investors • Situated on a flat 478 sqm block • Three double bedrooms, one with build ins • Separate internal laundry for added convenience • Original timber flooring could polish up nicely • Private rear backyard • Carport and plenty off-street parking • Close to University of Tas and the Australian Maritime College • Close to shops, schools, supermarkets & all city conveniences in Mowbray • Only 10 minutes' drive to Launceston's CBD Contact Jeremy Wilkinson & Nav Kaur for further information. Rental return: $390 pw Lease end 24/01/2025 ** Inspections will require at least 48 hours' notice** House size: 125 sqm Carport: 20 sqm Land size: 478 sqm Built: 1951 Council: Launceston City Zoning: General Residential Council rates : $1,600 approx pa **Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**