$750K
$128,103
"This 5202 sqm property is located in the heart of South Launceston and boasts development approval for 4 highend homes. The property features a 4bedroom home with an income of approximately 30,160 per annum. The block commands excellent views to the northeast and is ideally located between the CBD of Launceston and the shopping precinct of Kings Meadows. This is a rare opportunity to secure a property with enormous potential. The property is situated on general residential land low density and is perfect for developers looking to build highend homes in a prime location. The property is also ideal for families looking for a spacious home with plenty of room to move."
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Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Vacancy Rate
Average Days of Supply