192 Westbury Road, Prospect, Tas 7250

Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings

Published on Wednesday, July 22, 2026 ( See property details for 192 Westbury Road, Prospect, Tas 7250)

$950,000 - $1,100,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A unique investment opportunity offering three separately titled units in a prime Prospect location with renovation potential and strong tenant appeal.

🏡 Property Highlights

  • Rare opportunity to acquire three separately titled units on one block
  • Fully renovated Unit 2 with immediate rental appeal
  • Generously sized bedrooms across all units
  • Excellent location opposite Tudor Shopping Precinct with amenities nearby
  • Potential to renovate and add value to Units 1 and 3
  • Dedicated off-street parking for each unit

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Floorboards
  • Ensuite
  • Pet-Friendly
  • Waterfront / Views
  • Open-Plan Living
  • Extra Storage (Shed/Linen)

Prospect is a vibrant suburb offering excellent amenities, including shopping, cafes, and schools. Its strategic location provides easy access to Launceston CBD and public transport, making it ideal for tenants and investors alike. The area boasts a strong community feel with convenient services and recreational facilities. With its mix of renovated and potential-rich properties, Prospect remains a sought-after locale for both living and investment. Enjoy a lifestyle close to essential amenities and natural attractions.

What is the current condition of the units, and are there any ongoing maintenance costs?
Unit 2 has been fully renovated, offering modern amenities and minimal immediate maintenance. Units 1 and 3 have scope for renovation, which could involve some ongoing maintenance costs depending on the scope of upgrades.
Are there any planning or zoning restrictions that could affect future renovations or development?
The property is zoned for residential use within Prospect, Tasmania. It is advisable to consult with local council for specific planning restrictions or development approvals related to renovations or extensions.
What are the potential rental yields and vacancy rates in this area?
Prospect offers strong rental demand due to its proximity to amenities and the Launceston CBD, with competitive rental yields. Current vacancy rates are low, making it an attractive option for investors.
Are there any known issues with the property, such as flooding, bushfire risk, or structural concerns?
There are no known flooding or bushfire risks associated with this property. A thorough building and pest inspection is recommended to identify any structural concerns prior to purchase.
What are the annual council rates and any additional costs associated with owning these units?
Council rates are applicable for each title and vary depending on the property size and valuation. Additional costs may include water rates, insurance, and maintenance expenses. Specific figures can be obtained from the local council.
Are there any existing easements, covenants, or restrictions on the titles that could impact future use or development? What are the total costs involved in renovating Units 1 and 3, and are there any planning approvals required? Is there any history of pest infestations or structural issues in the property? Are there any upcoming infrastructure projects or developments in the area that could affect property value or living conditions? What are the terms of the current tenancy agreements, and are there any lease restrictions or conditions?

192 Westbury Road, Prospect, Tas 7250 - More Details

$950,000 - $1,100,000

Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3

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