16/39 Lawrence Street, Launceston, TAS, 7250

***UNDER OFFER*** Set-and-Forget Investment in an Unbeatable Location

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Thursday, March 26, 2026 ( See property details for 16/39 Lawrence Street, Launceston, TAS, 7250)

Offers Over $410,000

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16/39 Lawrence Street
Launceston, TAS 7250
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located, low-maintenance two-bedroom townhouse in Launceston offering strong rental income and long-term stability.

🏡 Property Highlights

  • Secure long-term lease until 2027 with $450 weekly rent
  • Prime location just moments from Launceston CBD and City Park
  • Low-maintenance, two-level townhouse with private courtyard
  • Off-street parking in a quiet, well-maintained complex
  • Ideal investment with strong rental appeal and stability
  • Affordable strata fees and council rates

✨ Key Features

  • Private courtyard
  • Off-street parking
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Low-Maintenance Yard
  • Internal Laundry
  • Ceiling Fans

Launceston is a vibrant city renowned for its historic charm, lush parks, and excellent amenities. The suburb offers a highly walkable lifestyle with cafes, shops, and entertainment options at your doorstep. Its strong community feel and strategic location make it a highly desirable area for both residents and investors. The area benefits from ongoing development and infrastructure improvements, ensuring long-term growth potential.

What is the current rental income and lease term?
The property is currently leased at $450 per week with a lease in place until 1st February 2027.
What are the ongoing costs associated with this property?
The approximate quarterly strata fee is $522.45, and the annual council rates are approximately $1,558.82.
Is the property suitable for long-term investment?
Yes, the property offers a secure lease, strong rental appeal, and is located in a highly convenient, sought-after area.
What amenities are nearby?
The property is within walking distance to City Park, Launceston CBD, cafes, restaurants, shops, and other amenities.
What features make this property low-maintenance?
The private courtyard, low-maintenance yard, and straightforward layout contribute to easy upkeep and outdoor living.
Are there any upcoming strata fee increases or special levies planned for the complex? Has the property been inspected for any structural or pest issues? Are there any restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or zoning changes in the vicinity that could impact the property?

16/39 Lawrence Street, Launceston, TAS, 7250 - More Details

***UNDER OFFER*** Set-and-Forget Investment in an Unbeatable Location

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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