Set on one of Mowbray's most picturesque streets, this immaculately presented home offers an exceptional opportunity for both investors and future homeowners. With a long-term lease in place and absolutely nothing left to do, it provides immediate returns and long-term flexibility. Birdwood Street is renowned for its peaceful, tree-lined setting-beautiful year-round thanks to the mature oaks that define its charm. Freshly updated inside and out, the home delivers a modern, low-maintenance lifestyle with thoughtful upgrades throughout. Property highlights: • Currently tenanted until February 2026 at $460 per week • Three generous bedrooms, each with its own heat pump • Open-plan kitchen, dining and lounge area • Freshly painted inside and out • New carpets, blinds, and light fittings • Reverse cycle air conditioning in the main living area • Updated landscaping, new concrete driveway, and new garden shed • Flat, easy-care block • Separate laundry • Located close to Mowbray Shopping Centre, public transport, the Newnham University campus, Maritime College, Mowbray Primary School, and Launceston Grammar senior campus • Only 10 minutes from Launceston CBD This is an ideal low-maintenance investment with reliable rental income in place until early 2026, or a move-in ready home when the lease ends. Positioned in a quiet, well-regarded street and surrounded by quality homes, this property combines location, presentation and return in one smart package. Council Rates approx. $1700 p.a. Water Rates approx. $1200 p.a.