12 Pershing St, Mowbray is a 6 bedroom, 2 bathroom House with 6 parking spaces and was built in 1942. The property has a land size of 744m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
If outstanding returns are what you are after, then look no further than this notable investment property in a quiet, no-through street in bustling Mowbray.
Comprising of a plethora of bedrooms, 7 in total, a shared kitchen/dining space and 2 bathrooms along with 3 w/c. The yard is low maintenance and there is a single garage, single carport and off-street parking for several vehicles.
With all rooms currently tenanted, the rental return is a whopping $1155 per week.
The new owner will benefit from recent upgrades with 3 reverse cycle heat pumps, new roof and gutters, installation of new heat pump hot water cylinder, upgraded plumbing throughout, upgraded switchboard and installation of gas line for cooking purposes.
Retaining some original features and being sold walk in-walk out allows you to not miss a beat with returns. The current owners have it running very smoothly and set up ready to go.
Viewing will be by private inspection only.
For more information on this wonderful investment opportunity, call Craig and Deb, the Spouses Selling Houses team, from Nest Property Launceston today.
Don't blink though!
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We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2016 was 3733 people. By 2021 the population was 4048 showing a population growth of 8.4% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a community and personal service occupation.In 2021, 46.10% of the homes in Mowbray were owner-occupied compared with 47.90% in 2016.
Mowbray has 1,908 properties. Over the last 5 years, Houses in Mowbray have seen a 56.47% increase in median value, while Units have seen a 47.60% increase. As at 30 November 2025:
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