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Charming Character Home With Endless Opportunities
Elphin, Launceston
· 4 Bedrooms · 4 Baths · House
· Equipped kitchen
Elphin, Launceston · 4 Bedrooms · 4 Baths · House · Equipped kitchen
Set beyond an immaculate and commanding Victorian façade, Circa 1880,this timeless character residence presents a rare and exciting opportunity in a premier Launceston position. Currently configured for split-level living with both residential and commercial use, the property offers exceptional versatility, a flexible floorplan, and strong triple income potential - ideal for investors, professionals, or extended families. The upper level was used as professional medical rooms, offering a spacious and adaptable layout including a kitchen and bathroom. This level lends itself to continued commercial use or an easy conversion into additional residential accommodation or BnB accommodation subject to LCC approval. Commercial appraisal: $36,000 p.a. (ex. GST & outgoings) - based on previous appraisal as a medical usage. The lower level is designed for comfortable residential living and has recently successfully operated as short-term accommodation (1st 50 weeks of operation generated $113,80
Set beyond an immaculate and commanding Victorian façade, Circa 1880,this timeless character residence presents a rare and exciting opportunity in a premier Launceston position. Currently configured for split-level living with both residential and commercial use, the property offers exceptional versatility, a flexible floorplan, and strong triple income potential - ideal for investors, professionals, or extended families. The upper level was used as professional medical rooms, offering a spacious and adaptable layout including a kitchen and bathroom. This level lends itself to continued commercial use or an easy conversion into additional residential accommodation or BnB accommodation subject to LCC approval. Commercial appraisal: $36,000 p.a. (ex. GST & outgoings) - based on previous appraisal as a medical usage. The lower level is designed for comfortable residential living and has recently successfully operated as short-term accommodation (1st 50 weeks of operation generated $113,80
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