Beautifully located in the northern side of Kings Meadows, this 1950's retro style property is elevated on the edge of Sandhill with lovely views towards the mountains from the living area upstairs. It offers a large three bedroom home over three levels with loads of Art Deco features and a one bedroom self contained flat behind, providing the owner with dual income and an excellent investment opportunity. Features: • A 1956 solid brick, Art Deco style property • Dual Income - 2 tenancies in place (see below) 5% return currently with potential for more • 3 Bedrooms (all with built-in robes) in main residence + 1 Bedroom Unit • Open plan kitchen and dining, dishwasher & large oven with 5 burner gas cooktop • Mains gas ducted heating and hot water, polished timber floors • Sunny family/living area plus a large separate second living/rumpus upstairs • Quirky main bedroom with retro style built in storage, walk in robe & ensuite • Updated main bathroom with convenient separate toilet • Study/office, workshop and storage space underneath • Double carport and off street parking • Close to supermarkets, schools, shops and bus routes • Close to Kings Meadows Shopping Centre & all city conveniences • Only 7 minutes' drive to Launceston's CBD & 5 minutes' to Launceston General Hospital Contact Jeremy Wilkinson or Anna Carling-Roddick for further information. Rental return: 56 Gascoyne - $450pw leased until 10/2/23 & 56A Gascoyne - $225pw leased until 13/1/23 House size: 203 sqm Unit size: 46 sqm Built: 1956 Zoning: Low Density Residential Council: Launceston Council rates: $2,724 pa Heritage listed: No **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**