14 Vermont Road
Mowbray, TAS 7248

Overview

Dual Income Opportunity

Set on a convenient Mowbray address, this versatile property presents an excellent opportunity for first home buyers, renovators, and investors alike. The property includes a classic 1956 two-bedroom home along with a separate self-contained studio at the rear, creating flexible living options and dual income potential. Currently returning $561 per week with leases secured until July 2026, it offers immediate income while leaving scope to enhance and add further value over time. With shops, supermarkets, eateries, and key education facilities nearby, the location makes everyday living simple and convenient.

Key Features:

• A 1956 two-bedroom home plus separate studio unit
• Potential to value add for first home buyers, renovators, and investors
• Dual income currently returning $561 per week with leases until July 2026
• Main house offers two bedrooms, sunny lounge, timber kitchen with double sink, and combined laundry/bathroom
• Self-contained studio at the rear with kitchenette and full-size bathroom/laundry
• Both dwellings feature their own deck for outdoor enjoyment
• Reverse cycle air conditioning in the two-bedroom home
• Double carport and additional off-street parking
• Easy walking distance to shops, supermarkets, eateries, and services in Mowbray
• Close to University of Tasmania, Australian Maritime College, TAFE College, and schools
• Only 7 minutes' drive to Launceston's CBD

Rental return: $351 per week (two-bedroom) leased until 17/7/2026; $210 per week (studio) leased until 17/7/2026.

House size: 95 sqm; Studio size: 26 sqm; Land size: 758 sqm; Built: 1956; Council: Launceston; Council rates: $1,812 pa; Council Zoning: Inner Residential.

All measurements are approximate.

Location