Situated in the busy hub of Kings Meadows this property presents a unique opportunity for the astute investor.
With a commercial unit at the front with tenancy in place (currently rented out at $280 per week) and a 2 bedroom residential unit at the rear (currently vacant estimated rental $250 per week), it will provide dual income streams.
The property is on 1024 sqm and zoned "Inner Residential" under the Launceston Interim Planning Scheme.
With excellent flat parking at the rear of the property it is well suited for current use and ideal for future development.
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