Overview

Set at the end of a quiet cul-de-sac, 46 Bishops Drive presents a solid 1982 brick and tile home with genuine scope to add value in a consistently popular suburb. This property is ideal for first home buyers, renovators, or investors, offering comfortable living now with exciting potential for modernization over time. The home features a private rear deck, a flat yard, and is conveniently located near major educational institutions, making it a practical opportunity with long-term appeal.

Key Features:

• 1982 brick and tile home positioned at the end of a quiet cul-de-sac
• Perfect for first home buyers, renovators, and investors
• Excellent scope to update and add value
• Three bedrooms, two with built-in wardrobes
• Open plan kitchen and living area
• Spacious separate lounge
• Reverse cycle air conditioning for year-round comfort
• Private rear deck overlooking a flat yard
• Garden shed for additional storage
• Close to the University of Tasmania, TAFE Tasmania, and Australian Maritime College
• Just 3 minutes' drive or a 15-minute walk to IGA Newnham
• Only 7 minutes' drive to shops, schools, and supermarkets in Mowbray
• Approximately 11 minutes' drive to Launceston CBD

Proven results backed by experience. Rental return is estimated at $480 per week, with a lease ending on 27/3/2026, available for vacant possession. The current estimate is up to $520 per week. The house size is 124 sqm, and the land size is 728 sqm. Built in 1982, the council rates are $1,784, and it is zoned as General Residential under the Launceston council.

Disclaimer: The agency has no reason to doubt the accuracy of the information in this document, which has been sourced from reliable means; however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Location