Located on a high-profile corner site in the heart of Summerhill, 101 Stanley Street presents a rare opportunity to secure a well-maintained, fully tenanted mixed-use property in one of Launceston's most desirable suburbs. This exceptional investment comprises two commercial tenancies and a sought-after four-bedroom residence on a single titledelivering a secure, diversified income stream from day one.
Positioned directly opposite Summerdale Primary School, one of Launceston's largest and most established primary schools, the property benefits from constant foot traffic and strong local engagement. Corner frontage and high exposure to passing vehicles add to its commercial appeal, while ample street parking enhances accessibility for customers, residents, and staff alike.
Both commercial leases are structured with recoverable outgoings, providing a favourable net return for the investor. The residential component adds a valuable layer of stability and demand, with four well-proportioned bedrooms offering excellent rental appeal in a high-demand housing pocket.
The property is ideally located just minutes from key arterial roads, ensuring convenient connectivity to Launceston's CBD and surrounding suburbs. It also enjoys close proximity to the Olde Tudor shopping precinct and the Silverdome entertainment complex, enhancing lifestyle convenience and commercial viability.
Whether you're expanding your portfolio or seeking a robust investment with long-term upside, this versatile property delivers on all fronts.
- Well maintained property mixed use property
- Fully tenanted investment
- Positioned opposite to one of Launceston's largest primary schools
- Outgoings recoverable on both commercial tenancies
- Sought after 4 bedroom residence on title
- Close proximity to arterial roads, Olde Tudor shopping precinct, Silverdome entertainment complex
- Corner site with great exposure and strong passing traffic
- Ample free street parking with off street parking attached to dwelling
To learn more about this property, contact Ben or Andy at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.