For Sale

14 Vermont Rd, Mowbray, TAS, 7248

Dual Income Opportunity

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Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, April 06, 2026 ( See property details for 14 Vermont Rd, Mowbray, TAS, 7248)

Best Offer Over $539,000

Jeremy Wilkinson Director and Sales Consultant

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AI Property Insight

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

A versatile 1956-built home with a self-contained studio, offering dual income potential and convenient Mowbray living.

🏡 Property Highlights

Includes a classic 1956 two-bedroom home with a separate self-contained studio, offering flexible living options.
Currently generating dual income of $561 per week with leases secured until July 2026.
Potential to add value through renovation, ideal for first home buyers, renovators, and investors.
Located within easy walking distance to shops, supermarkets, eateries, and key educational facilities.
Close proximity to the University of Tasmania, Maritime College, TAFE College, and local schools.
Only a 7-minute drive to Launceston's CBD, providing convenient city access.

✨ Key Features

Dual Living
Open-Plan Living
Outdoor Area / Balcony
Air Conditioning
Built-in Robes
Open-Plan Living
Waterfront / Views
Secure Parking
Pet-Friendly
Extra Storage (Shed/Linen)

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14 Vermont Rd

Mowbray, TAS 7248

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Suburb and Property Insights of Mowbray, TAS 7248

Mowbray is a vibrant suburb offering excellent amenities, educational institutions, and convenient access to Launceston's CBD. It features a mix of historic homes and modern developments, making it ideal for families, students, and investors. The area boasts parks, shopping precincts, and a strong community vibe, all within easy reach of key transport links. Its proximity to educational facilities like the University of Tasmania and TAFE College enhances its appeal for students and professionals alike.

Frequently Asked Questions

What are the current rental yields and lease terms for this property?

The property currently generates a combined rental income of $561 per week, with the main house leased at $351 per week and the studio at $210 per week, both leased until July 2026.

Is there potential for future development or renovation on this property?

Yes, the property offers potential to add value through renovation, making it suitable for first home buyers, renovators, and investors.

What amenities and facilities are nearby?

The property is within walking distance to shops, supermarkets, eateries, and services in Mowbray, and is close to educational institutions including the University of Tasmania, Maritime College, and TAFE College.

What is the condition and age of the property?

Built in 1956, the main house features two bedrooms, a timber kitchen, and a combined laundry/bathroom, with modern amenities like reverse cycle air conditioning.

Are there any restrictions or zoning considerations?

The property is zoned as Inner Residential under Launceston Council, suitable for residential use and potential future development subject to council approval.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance requirements not disclosed? Has the property been inspected for structural issues or pest infestations? Are there any planning or zoning restrictions that could affect future renovations? Is there any history of flooding, bushfire risk, or other environmental hazards? Are there any easements, covenants, or strata considerations affecting the property? What are the council rates and any additional fees or levies? Are there any planned developments or construction projects nearby that could impact the property? Is the property compliant with all building codes and regulations? Are there any noise or neighbour-related issues in the area? What are the terms of the current leases, and are there any restrictions on ending or modifying them?

14 Vermont Rd, Mowbray, TAS, 7248 - More Details

Dual Income Opportunity

Set on a convenient Mowbray address, this versatile property presents an excellent opportunity for first home buyers, renovators and investors alike. The property includes a classic 1956 two-bedroom home along with a separate self-contained studio at the rear, creating flexible living options and dual income potential. Currently returning $561 per week with leases secured until July 2026, it offers immediate income while leaving scope to enhance and add further value over time. With shops, supermarkets, eateries and key education facilities nearby, the location makes everyday living simple and convenient. Key Features: • A 1956 two-bedroom home plus separate studio unit • Potential to value add for first home buyers renovators and investors • Dual income currently returning $561 per week with leases until July 2026 • Main house offers two bedrooms sunny lounge timber kitchen with double sink and combined laundry/bathroom • Self-contained studio at the rear with kitchenette and full size bathroom/laundry • Both dwellings feature their own deck for outdoor enjoyment • Reverse cycle air conditioning in the two-bedroom home • Easy walking distance to shops supermarkets eateries and services in Mowbray • Close to University of Tas Aust Maritime College TAFE College and schools • Only 7 minutes' drive to Launceston's CBD Jeremy Wilkinson and Neil Hawkins - Understanding local property markets - Call for insights Rental return: $351 pw (two-bedroom) leased until 17/7/2026 $210 pw (studio) leased until 17/7/2026 ** Inspections will require at least 48 hours' notice** House size: 95 sqm Studio size: 26 sqm Land size: 758 sqm Built: 1956 Council: Launceston Council rates: $1,812 pa Council Zoning: Inner Residential **Harcourts Launceston 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. All measurements are approximate**

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 1

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14 Vermont Rd, Mowbray, TAS, 7248

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