285A St Leonards Road, St Leonards, TAS 7250

This is a great investment opportunity, Develope now or rent out and reap the cash benefits in the future, especially with Launceston, currently undergoing massive residential development, to keep up with our ever growing population and popularity, especially in this particular area.

The Home:

Built in 2006, there are four good sized bedrooms upstairs, a large two way bathroom, laundry, separate second toilet and a huge open plan living, dining and kitchen area, adding to this is a ducted vacuum system, a large Panasonic inverter, a freestanding wood heater with a lifetime supply of wood on the property, a huge entertaining deck on one and a half sides of the home that come with awesome views, plus a 6.5Kw solar system to keep those power bills down. Downstairs via an internal staircase is a second, huge living / entertaining area with multiple storage rooms, a second bathroom with toilet and a separate bedroom or office, all with its own external access entry, excellent for extended family, kids or friends to stay.

The Shed:

12m x 6m Colourbond garage (built for accommodation during the construction phase of the home), complete with 3 phase power, sisalation, toilet, loads of power points and lights. This would be great addition for a noisy hobbyist or a tradesperson. Outside the shed there is a large hardpan area suitable for trucks and other heavy machinery.

The Land:

Originally designed by the current owners as a future development, the home and shed were built near the entrance allowing maximum land area for future residential development, their plans were for townhouses or villa units at the shed location and homes either side of a road heading up through the centre of this property, but the current owners are now pursuing a camping and traveling lifestyle instead.

The entire 20,162m? or 5.093acre title is zoned - 8 'General residential' and comes under the Launceston future residential development plan, due to be released in March - April 2025 with all services located at the entrance on St Leonard's Rd with the added benefit of the fall of the property towards the entrance.

Great options: Investment for your super portfolio, with the home as a rental income. Move straight in, or rent out and develop at a later date, or rent out and develop the land at the same time!

New rental appraisal by Property management, dated the 22/01/25, (just the home and garage) = $650.00 per week.

Call today for further information.

Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate.