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Overview
Situated opposite the vibrant Tudor Shopping Precinct, this unique offering comprises three separately titled units on one expansive block, a rare find in the Prospect area. Each unit's practical, open-plan layout provides airy living spaces paired with well-sized bedrooms, ensuring comfort and flexibility for tenants or homeowners alike.
The property's appeal lies in its blend of ready-to-go investment and renovation potential. One unit has been fully refurbished to high rental standards, providing immediate income prospects, while the other two units present exciting opportunities for thoughtful updates to enhance value over time.
- Each unit is configured with two bedrooms and a single bathroom, balancing private and communal spaces efficiently.
- Dedicated off-street parking supports three vehicles with additional room for guest parking, addressing a key consideration for families or shared living arrangements.
- The block’s location offers seamless access to local amenities such as a pharmacy, IGA, cafes, and a tavern, complemented by close proximity to reputable schools including St Patricks College and Prospect High.
- Excellent public transport links and a short drive to Launceston CBD enhance connectivity for commuters and professionals.
This property is well suited to investors seeking diverse income streams, renovators aiming to add value, or buyers prioritizing location and future potential in a growing community hub.
Local Market Insights
In Prospect, Quiet Listings observed 41 new houses entering the market over the last 30 days, up from 29 during the previous 30-day period, with an average advertised asking price of $912,024. The property type mix of listed properties is predominantly Houses at 57%, followed by land (17%), and units (14%). Howell Property Group was the most active agency in this area, representing 19.4% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Prospect TAS 7250
Market Insights for Prospect TAS 7250
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