303/16 A&B Paterson Street, Launceston TAS 7250

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 2 • Bathrooms: 2

Description: Level 3, Apartments 303/16 A & B offer sweeping views of Launceston and unbeatable convenience in the heart of the CBD. With a clever dual-key layout, this is a rare opportunity to own two self-contained residences on one titleideal for both lifestyle and income. Main Apartment (303A) Designed for long-term living or short-stay accommodation, this spacious unit includes a separate bedroom, open-plan kitchen and dining area, a bathroom with shower over bath, built-in laundry facilities, and generous storage throughout. Studio Apartment (303B) Perfect for short-term rental or guest accommodation, this hotel-style studio offers a comfortable kitchenette, private bathroom, and all essentials for relaxed city living. Property Features: - Dual-key configuration with two independent tenancies on one title - Prime city location with vibrant cafes, shops, and attractions just steps away - Elevator and stair access for convenience - Strong rental appeal with flexible use options - Both units feature private kitchen and bathroom facilities - Fully secured property - Investment Appeal An ideal addition to any investment portfolio, this property offers excellent returns through long-term or short-stay rental options. The versatile layout and premium location ensure high demand and reliable income potential. Rental income $33,976 per annum plus GST Out goings approx $3005 Total per annum