5 Howard Street Invermay TAS 7248

Offering a unique opportunity on one title, this versatile 1945-built residence has been thoughtfully configured to provide dual-occupancy potential, while remaining one property. With three bedrooms, two bathrooms, two kitchens and two separate living areas, the home provides flexibility for a variety of living arrangements, extended families, investors or those seeking the potential for additional rental income.

The property is zoned General Residential and has approval for dual-occupancy potential, providing an exciting opportunity for the astute purchaser to utilise the existing layout to suit their individual circumstances.

The accommodation is arranged across two connected living zones. The first comprises a comfortable one-bedroom space with its own kitchen, bathroom and living area, opening to a secure and private fenced courtyard with a deck, ideal for outdoor entertaining.

The second living zone provides two bedrooms, a bathroom, kitchen and living area, together with a fenced backyard and access to a single-car lock-up garage. New carpet has recently been laid in this area, while the kitchen incorporates a practical dining space.

Further features include:

Three bedrooms across the home, including a master bedroom with built-in wardrobes
Two bathrooms, with shower over bath
Two kitchens and two separate living areas
kitchen with adjoining dining area
New carpet to the two-bedroom living zone
Electric heating, cooling and cooking
Separate laundry
Secure, private courtyard with deck
Fenced backyard
Single-car lock-up garage
Small garden shed
Low-maintenance grounds
One-storey, low-set construction
Built in 1945
General Residential zoning
Approved for dual-occupancy potential
Situated on one title

Current tenancy arrangements:
The one-bedroom living zone is currently leased at $700 per fortnight until 9 February 2027.
The second living zone is currently leased at $940 per fortnight until 23 August 2027.

Perfectly positioned for convenience, the property is only minutes from the heart of Launceston and is close to Invermay Primary School, IGA Invermay, local shops, cafés, pubs and public transport. The University of Tasmania, Aurora Stadium and Launceston's CBD are also within easy reach, with the CBD approximately a five-minute drive away.

Whether you're looking for a flexible home, an investment with multiple income possibilities, accommodation for extended family, or an opportunity to make the most of its approved dual-occupancy potential, 5 Howard Street offers versatility, convenience and scope in a highly accessible location. Please contact the listing agent for further information.

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
** Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation.
***Boundary lines are indicative only.