4/29 Mulgrave Street, South Launceston, Tas 7249

For Sale

4/29 Mulgrave Street, South Launceston, Tas 7249-Image

4/29 Mulgrave Street, South Launceston, Tas 7249

Offers Over $475,000

Unit

Type

Bedrooms

Bathrooms

Parkings

279 m²

Area

Published on Monday, July 13, 2026 ( See property details for 4/29 Mulgrave Street, South Launceston, Tas 7249)

Offers Over $475,000

Jane Crawford - Real Estate Agent - Belle Property - Launceston

Jane Crawford Principal

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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 well-positioned, low-maintenance brick unit in South Launceston, perfect for owner-occupiers and investors alike.

🏡 Property Highlights

Prime location just moments from Launceston General Hospital and CBD
Solid brick construction ensuring durability and low-maintenance living
Ideal for first home buyers and investors with strong rental appeal
Currently tenanted until November 2026, offering immediate income
Close to schools, public transport, and city amenities
Affordable entry point in a highly sought-after area

✨ Key Features

Built-in Robes
Open-Plan Living
Internal Laundry
Low-Maintenance Yard
Secure Parking
Pet-Friendly
Floorboards
Fully fenced
Water tank
Waterfront / Views

Suburb and Property Insights of South Launceston, TAS 7249

South Launceston is a highly desirable suburb known for its convenience and accessibility. It offers excellent amenities including hospitals, schools, and public transport, making it ideal for both families and professionals. The area boasts a vibrant community atmosphere with easy access to the city centre. Its strong rental demand and growth prospects make it a smart choice for investors. Plus, the peaceful residential environment ensures a comfortable lifestyle for residents.

Frequently Asked Questions

What are the current rental yields for this property?

The property is currently tenanted until November 2026, with strong rental appeal due to its location and features, making it a potentially lucrative investment. For specific yield figures, please contact us.

What are the nearby amenities and transport options?

The property is conveniently located close to Launceston General Hospital, the CBD, schools, and public transport, providing excellent accessibility and lifestyle convenience.

Is the property suitable for first-time buyers?

Yes, the affordable price point, low-maintenance brick construction, and prime location make it an excellent choice for first home buyers entering the market.

What are the ongoing costs associated with the property?

Annual costs include council rates of $1,698, water rates of $941, and strata insurance of $1,103. Additional costs may include maintenance and utilities.

Are there any restrictions or covenants on the property?

All relevant restrictions and covenants are included in the title documentation. Please consult with your legal advisor for detailed information.

What to ask about this property to agent?

Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? Has the property been inspected for structural issues or pests? Are there any easements or encumbrances registered on the title? What are the terms of the current tenancy agreement, and are there any rent increases scheduled? Is the property compliant with all building and safety regulations, including smoke alarms and electrical standards? Are there any known issues with water drainage or flooding in the area? What are the strata or body corporate fees and rules, if applicable? Are there any restrictions on pet ownership in the complex? Is there any history of bushfire or flood risk in this location? Are there any planned renovations or nearby construction projects that could impact living conditions?

4/29 Mulgrave Street, South Launceston, Tas 7249 - More Details

Offers Over $475,000

Type: Unit
Bedrooms: 2
Bathrooms: 1
Parkings: 1
Area: 279 m²
House Size: 86 m²

4/29 Mulgrave Street, South Launceston, Tas 7249 - Point Of Interest

Locate Near By Places of 4/29 Mulgrave Street, South Launceston, Tas 7249 On Map

Your Commute at a Glance: 4/29 Mulgrave Street, South Launceston, Tas 7249

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4/29 Mulgrave Street, South Launceston, Tas 7249

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