7/60 Ernest Street, Kings Meadows TAS 7249

1980 compact unit | 67 m² internal | balcony and courtyard | 2-bed 1-bath | strong yield profile This unit is positioned as a genuine low-maintenance entry point in Kings Meadows. The 67 m² layout is compact but workable, with two bedrooms, one bathroom, and a single car space. A balcony and courtyard are included, adding an outdoor dimension not always found in units of this era. The 1980 build is older stock, though the offering is presented as functional and comfortable rather than premium. It is best suited to first-home buyers seeking a foothold, downsizers leaving a larger house, and investors focused on yield. Convenience is reinforced by proximity to Kings Meadows Shopping Centre, schools, medical facilities, public transport, and Launceston CBD. Value may be shaped by the older build and lack of documented renovation. Rental demand is consistent, supporting investor interest. The bushfire overlay might warrant attention; no flood or heritage constraints exist. The single car space and modest size may limit family appeal, though the configuration suits investors or downsizers. Presentation may affect resale more than location. >> Comparable Sales: 8/60 Ernest Street at $340,000 and 3/60 Ernest Street at $270,000 | Property Price Band: $250k-$350k | Value Drivers: condition, layout, presentation