27 apartments for sale in Glengarry, West Tamar

An exciting and highly versatile investment opportunity, this landmark property delivers an exceptional mix of commercial and residential income streams, all within one substantial holding. The property comprises two separate commercial spaces at street level. One tenancy is currently occupied as a gym and has been freshly updated, providing immediate rental return. The second space is currently vacant available for lease at $2,800 per month. Positioned above, the standout apartment offers impressive scale and character, featuring three large bedrooms, generous living and dining areas, a separate kitchen, and beautiful high ceilings that enhance its timeless appeal. The apartment is currently rented for $500 per week, contributing a strong residential income stream. Access is available via a residential lift or stairs, adding both convenience and accessibility. Further enhancing the offering is a separate two-bedroom cottage located at the rear of the property. This additional dwelling

Seize this fantastic opportunity to own one (or both!) of these stylish 1-bedroom, 1-bathroom units in the highly sought-after Best Western Hotel a 4.5-star building in the absolute heart of Launceston CBD. Both Unit 321 & Unit 408 feature: - Spacious bedroom with large windows offering city views - Air-conditioning for year-round comfort - Compact study nook with chair and table perfect for work or leisure - Convenient lift access within the building - Controlled letting opportunities for fair tenancy - Consistent monthly returns - Communal washing facilities for residents - Ample street parking nearby Additionally - Each unit in includes 4 complimentary nights at the hotel annually for the vendor. With walking distance to everything Launceston has to offer, these units are a dream investment. (full financial breakdowns & details can be sent across on request)