The profile of this property is delightful, diverse, desirable! Situated only 15 minutes from the Launceston CBD – and less than 5 minutes from the River Tamar, capturing this significant corner site lets you create a future that combines commercial returns with lifestyle rewards.
A combination of a solid commercial operation in the form of the only cafe in the area, a residential property and an airbnb, each element of the property contributes exceptional prospects.
The cafe is currently operated by a long term tenant and due to its location and the quality of its produce the enterprise enjoys a strong following from a loyal client base. Recently re-let for 3 years with a 3 year option the caf’s capacity to earn rental income is matched by that of the 3 bedroom home, which is occupied by an exceptional long term tenant who loves living in the area.
The airbnb, which features an inviting 2 bedroom, 2 bathroom floor-plan provides the potential to continue operating as tourist accommodation or to convert readily to an additional long term rental premises. The caf’s 3 year lease with options currently returns $19,800 pa, the 3 Bedroom residence’s 12 month lease is at $13,000 pa and the airbnb cottage provides approximately $10,000 pa.
The numbers are naturally attractive, the appeal even more so. As flexible as you wish, with scope for success as you define it. The Windermere way to win!