This is a wonderful opportunity to secure a neat character home in a premium location. Originally built in 1950 the house is structurally sound and has excellent upgrade potential. The room configuration is simple though functional and includes three spacious bedrooms, open plan lounge and dining area, updated kitchen and bathroom with shower and vanity. The wide central hallway, high ceilings and original timber floors are reminders of a bygone era and with some general cosmetic work could be lifted beautifully. A separate laundry and toilet are located at the rear of the house and the expansive backyard would allow for an extension of the existing roofline or the inclusion of a granny flat (STCA). There is a long-standing timber garden shed, an undercover outdoor area, single carport and a significant amount of driveway parking to complete the picture here. Conveniently located only a 5-minute drive from Launceston CBD and within walking distance to the Newstead shopping precinct this is a property not to miss. Annual Launceston City Council Rates $1,500.00 Approx. Annual Taswater Rates $1,100.00 Approx. + usage Property Wise Rental Appraisal $480.00 - $500.00 per week Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided. Property Code: 474