Undoubtedly, this Victorian Terrace presents an open canvas for prime inner-city development, offering a distinctive opportunity for a versatile investment. The property falls under the Urban Mixed Use zoning, providing remarkable flexibility for various purposes, including the option for residential use on the first floor and a wide array of commercial activities. Several neighbouring properties have already developed highly desirable residential units, sought after by both tenants and homeowners seeking the vibrant inner-city lifestyle. The ground floor boasts prominent retail exposure on Elizabeth Street, surrounded by a diverse range of popular eateries and bars. Additionally, the property's rear offers access to a spacious council car park and the potential for secure parking. Year Built: 1890 House Size: 215m2 Land Size: 220m2 Municipality: Launceston City Council Zoning: Urban Mixed Use Sims for Property 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.