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1/43 Morris Street, Prospect, Tas 7250 For Sale
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1/43 Morris Street, Prospect, Tas 7250

Offers Over $495,000 each

Unit
Type
2
Bedrooms
1
Bathrooms
2
Parkings
131 m²
Area

Last updated on Friday, August 28, 2026 ( See property details for 1/43 Morris Street, Prospect, Tas 7250)

Offers Over $495,000 each

Open on Saturday 29 August 10:00 am | View All

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

A freshly updated, low-maintenance 2 bedroom unit in a quiet complex, offering privacy, convenience, and excellent investment potential in Prospect.

🏡 Property Highlights

  • Freshly updated 2 bedroom unit with modern features
  • Private courtyard backing onto sporting field for added privacy
  • Excellent investment opportunity with Unit 2 leased until 2027
  • Conveniently located close to shops, schools, and public transport
  • Low-maintenance brick veneer construction with no strata fees
  • Potential to purchase both units for maximised investment

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Single Storey
  • Garage / Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • Fully fenced
  • Pet-Friendly
  • External Laundry
  • Balcony

Prospect is a highly sought-after suburb in Launceston, known for its family-friendly atmosphere, excellent local amenities, and convenient access to the CBD. The area offers a mix of modern and established homes, with parks, schools, and shopping centres nearby. Its strong community vibe and scenic surroundings make it ideal for downsizers, young families, and investors alike.

What is the condition of the property and recent updates?
The property has been freshly painted throughout and features new carpet, providing a bright and modern feel.
What is the rental income potential?
The current tenant in Unit 2 is paying $540 per week, with the lease extending until February 2027, offering a reliable income stream.
Are there any strata fees or additional costs?
There are no strata fees applicable to this property, with approximate rates of $1,800 and water charges of $1,100 annually.
What are the zoning and planning restrictions?
The property is zoned General Residential, suitable for various residential uses, with no known planning restrictions affecting the property.
Is the property suitable for downsizers or first-home buyers?
Yes, the property’s low-maintenance design, private courtyard, and convenient location make it ideal for downsizers and first-home buyers.
Are there any upcoming or planned developments in the area that could affect the property's value or privacy? What are the long-term plans for the sporting field backing onto the property? Are there any restrictions or easements on the land that could impact future renovations or extensions? Has the property been inspected for any structural issues or pests? Are there any additional costs for maintenance or repairs not covered in the current rates?

1/43 Morris Street, Prospect, Tas 7250 - More Details

Offers Over $495,000 each

Whether you're looking for a smart investment, downsizing opportunity or an easy-care home, this freshly updated 2 bedroom unit offers an appealing combination of comfort, privacy and convenience.

Set on a block of just two units, Unit 1 has been freshly painted throughout and features brand-new carpet, giving the home a bright and refreshed feel from the moment you step inside. The practical floorplan offers 2 comfortable bedrooms with built-in robes, a well-appointed bathroom and the added convenience of a separate toilet. The living area provides a welcoming space to relax, while outside there is a private courtyard and a single carport for off-street parking, plus an additional parking space for visitors. Adding to the sense of space and privacy, the property backs directly onto a sporting field, creating a pleasant open outlook and a feeling of extra room without the maintenance.

For investors, the property presents an excellent opportunity, with Unit 2 also currently available for purchase. Unit 2 is currently leased until February 2027 at $540 per week, providing an attractive income stream for the new owner.

Located in popular Prospect, you're close to local shops, schools, services and public transport, while being just a short drive from Launceston's CBD.

Unit 1/43 Morris St at a glance:
• Freshly updated 2 bedroom unit in a quiet complex of just 2 units
• Single carport, private courtyard and backs onto sporting field
• Conveniently located close to schools, shopping and transport
• Ideal for downsizers, first-home buyers or investors
• Opportunity to secure both units and maximise your investment potential
• Unit 2 currently rented at $540p/w until Feb 2027 - also available for sale

Additional information:
• Land size: 131sqm
• Unit Size: 81sqm
• Year Built: 1992
• Materials: Brick veneer and colorbond
• Strata fees: Nil
• Rates: Approx $1,800
• Water: Approx $1,100
• Council: Launceston City
• Zoning: General Residential
• Rental estimate: $540 per week
• Unit 2 is also available for sale

"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"
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
2
Area
131 m²
House Size
81 m²

Inspections times

  • Inspection Sat 29 Aug 10:00 am

    Saturday 29 August
    10:00 am - 10:30 am
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