Strategically positioned near Mowbray's bustling shopping district and just a brief 8-minute drive to the heart of Launceston CBD, this family residence presents an exceptional opportunity for first home buyers and investors. This home basks in abundant sunlight throughout the day, showcasing numerous original features that add character. The three generously sized bedrooms come equipped with built-in robes, providing ample storage space. The expansive kitchen and dining area complement the open lounge, which is well-appointed with ample heating. Ideal for a family, the bathroom features a bath, shower, and a separate toilet. The property accommodates two cars effortlessly, with a single garage and additional space in front for another vehicle. The generously sized yard enhances the property's appeal, while the front veranda provides a charming space to soak up the sun. This property not only offers a comfortable and inviting family home but also presents a remarkable investment opportunity or a perfect choice for those seeking their first home, with an existing lease in place until October, featuring excellent tenants, making it an ideal opportunity for investors.