Welcome to 39 Pedder Street, South Launceston. This large residence has been split into 5 units with an incredible return on your investment – 8.5% plus!

The block is a large1330m, with access off Galvin Street. The property is solid and low maintenance, and has the potential to subdivide (STCA), with plenty of room to build an additional 3 townhouses. The block is elevated, and offers great views of the city and surrounds.

The property would be an ideal investment as is, and the potential for a developer is huge!

Located close to the CBD and Launceston General Hospital. For your private inspection, call Joey Maloney at Ray White Launceston, today.