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303/16 A&B Paterson Street

Launceston, TAS 7250, Australia
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2 bed 2 bath94m²

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Indicative price guide range

🏘️
67
Comparable
📊
$695,000
Area median
📏
94 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

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About this property

Level 3, Apartments 303/16 A & B offer sweeping views of Launceston and unbeatable convenience in the heart of the CBD. With a clever dual-key layout, this is a rare opportunity to own two self-contained residences on one titleideal for both lifestyle and income. Main Apartment (303A) Designed for long-term living or short-stay accommodation, this spacious unit includes a separate bedroom, open-plan kitchen and dining area, a bathroom with shower over bath, built-in laundry facilities, and generous storage throughout. Studio Apartment (303B) Perfect for short-term rental or guest accommodation, this hotel-style studio offers a comfortable kitchenette, private bathroom, and all essentials for relaxed city living. Property Features: - Dual-key configuration with two independent tenancies on one title - Prime city location with vibrant cafes, shops, and attractions just steps away - Elevator and stair access for convenience - Strong rental appeal with flexible use options - Both units feature private kitchen and bathroom facilities - Fully secured property - Investment Appeal An ideal addition to any investment portfolio, this property offers excellent returns through long-term or short-stay rental options. The versatile layout and premium location ensure high demand and reliable income potential. Rental income $33,976 per annum plus GST Out goings approx $3005 Total per annum

Property Features

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    $0/month
    $0 /fortnight
    Loan $75 at 6.10% over 30 years

    Upfront costs

    Deposit$19
    Stamp duty$50
    Conveyancing (est.)$2,000
    Total upfront$2,069
    Verify with TAS revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Land Area
    94m²
    Listed
    2 months ago

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