4/47 Welman Street
Launceston, TAS 7250

Offering exceptional lifestyle convenience and strong long-term growth potential, this apartment is ideally situated within easy walking distance to the Launceston CBD, Calvary St Vincent's Hospital, and Launceston General Hospital. The location supports strong and consistent rental appeal, making it a strategic investment in a premium postcode.

Inside, the open-plan living and dining area flows seamlessly through to a balcony that offers sweeping views across the city skyline, providing a relaxing and scenic environment. The apartment features two generously sized bedrooms, with one bedroom including a built-in wardrobe for added storage convenience. Both bedrooms are serviced by a central bathroom, which is easily accessible from either room.

Additional benefits include one off-street parking space, ensuring secure and convenient parking, as well as access to common-area greenspace. This outdoor area offers the perfect spot to unwind and enjoy the outdoors in a peaceful setting.

With minimal upkeep required and a location that speaks for itself, this apartment presents a compelling opportunity to secure an asset in a sought-after city-fringe precinct. The property is currently rented at $330 per week until July 2026, with a rental estimate of $430 per week, highlighting its strong investment potential.

The apartment was built in 1966 and sits on a land size of approximately 100 square meters, with a building size of 66 square meters. The council zoning is General Residential under the City of Launceston jurisdiction.

This property is well-suited for those seeking a low-maintenance lifestyle with excellent access to city amenities, healthcare facilities, and transport links. It offers a blend of comfort, convenience, and investment appeal in a vibrant and growing area.