5 Carr Street in Kings Meadows has "development" written all over it! On a massive 1100 (approx) square meter block you already have a very comfortable and well maintained three bedroom home plus a completely self contained, one bedroom "granny flat", freshly painted and with new carpet and separately metered AND the opportunity for ongoing development. All up, you have a potential $670 per week income stream while you plan the next stage. Both have their own driveway with the house, rewired in 2013, offering an updated kitchen, bathroom and laundry, reverse cycle heating and cooling, ensuring round year comfort. They have their separate entrances so privacy isn't an issue for all occupants. This block can potentially (STCA) house four dwellings. This isn't to discard the family with the teenager looking for his/her own retreat or the parents looking for the security of being close but without encroaching on their loved ones. Position is always a vital consideration. You will be a comfortable five minute walk from the Meadow Mews shopping complex and even less for your public transport. Lots to take in but plenty of value in this one. Land Size: 1100m2 approx Building Size: 105m2 approx Year Built: 1953 Local Council: Launceston NBN; Yes We have in preparing this document used our best endeavours to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations