Rarely does a property like this come onto the market in Launceston. Comprising four titles, approximately 3,640m2 of land and sitting on the corner of Balfour and Margaret Street this is a holding that offers masses of potential. In an area that has undergone much residential improvement over the past 25 - 30 years and close to major arterial routes, the beautiful Brickfields Park and local cafes, the area is well serviced and remains a very popular and sought after residential location. Major supermarkets are nearby and the city centre is a short drive or within walking distance as is the Launceston General Hospital. The holding offers plenty of scope for a purchaser to capitalise on the ease of access, location, existing beautiful buildings on site and ample space for car parking, to undertake a substantial residential development or redevelopment. All three main buildings are constructed of brick and have their own amenities; each offer beautiful architectural features lending themselves ideally to re-development. Available for sale by Expression of Interest, opportunity exists to purchase the entire property or one or more of the existing titles.