Located an easy 45-minute drive from Launceston and 90 minutes from Hobart, Campbell Town is an historic colonial town rich in history. Literally in the Heart of Tasmania, some of the many amenities include cafes, restaurants, tourist attractions, medical centre, supermarket, community recreation areas and much more, all within a leisurely walk from 8 Davidson Street. What makes this property so unique?
1. A three-bedroom weatherboard home with frontage on Davidson Street and uninterrupted views of the productive countryside opposite. Built in 1930 the home is of solid construction and has a well-designed layout. The home would benefit from a freshen up and would ideally suit a buyer who is happy to roll up their sleeves and is handy with a paint brush. Currently leased at $220 per week with a long-term tenant in place, the property can be purchased with a seamless transition to an instant return, or as vacant possession, it’s up to you.
2. The Land – the existing home occupies approx. 700 m2 of space and is accessed from Davidson Street, the remaining parcel of land, of approx. 1220 m2 is positioned directly behind with access from Bridge Street. Uniquely it has its own crossover, water meter, storm water and easy access to other services running past including sewerage and electricity. There are no easements on the title and this parcel of land lends itself to development of another home or multiple dwellings. Currently on one title of 1922 m2, the block is an ideal candidate for subdivision, subject to council and other local authority approvals processes.
The opportunities with 8 Davidson Street are many and varied and rarely do such properties become available in today’s market. Whether you are after a home to live in with a large block and potential to develop in the future, or you’re looking for a great investment opportunity to take full advantage of now, we recommend you act quickly. Call Lee Jamieson on 0439 931 037.