$395K
$64,799
"Welcome to 12 Norfolk Street, St Leonards, a solid brick home on a flat parcel of land, offering both great potential and a prime location. This property is ideal for those looking for a renovation opportunity, ready to be transformed into a modern family residence. Situated in a quiet and desirable area of St Leonards, this home provides the perfect canvas for your creative vision. Inside, the bright and sunny living area is complemented by a functional kitchen that adjoins the space, providing a practical layout for everyday living. There are three generously sized bedrooms, all serviced by a central bathroom that includes a separate shower, making it suitable for families or investors alike. Additional features include a separate laundry with direct access to the outdoors and the convenience of a reverse cycle air conditioning system, ensuring comfort in all seasons. The property also offers fantastic outdoor storage with large sheds, perfect for cars or a workshop with space for storing tools, outdoor equipment, or any extra belongings you may have. With schools, shops, St Leonards sporting grounds, and local bus routes nearby, as well as easy access to the Launceston CBD, the location is both practical and convenient. Whether youre looking to renovate or invest, 12 Norfolk Street is a standout opportunity in a thriving suburb. Take advantage of this propertys potential and make it your own. 3 bedrooms residence Solid brick home Positioned in quiet location Large shed for great storage options. House Size 243sqm Land Size 669sqm Council Rates 1,557.30pa approx Water Rates 1,000pa approx Municipality Launceston City Council School Catchments St Leonards Primary, Queechy Kings Meadows High School Zoning General Residential Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
2.9%
75.2%
-
-
-
-
-
-
-
-
Asking Price
-
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
-
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
-
Assumptions
Year 1
Year 10
Rent Received
+- PA
-
-
Property Management
+- PA
-
-
Rates
+- PA
-
-
Water
+- PA
-
-
Insurance
+- PA
-
-
Repairs & Maintenance
+- PA
-
-
Net Operating Income
-
-
Interest Repayments
-
-
Net Cashflow Before Tax
-
-
Depreciation
-
-
Tax Offset
-
-
Net Cashflow After Tax
-
-
Assumptions
Year 1
Year 10
Property Value
-
-
-
Loan Balance
I.O
-
-
-
-
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
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price