337 St Leonards Rd, St Leonards is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 1682m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Positioned on approximately 1,682sqm in one of Launceston's fastest evolving growth corridors, 337 St Leonards Road presents a genuinely rare opportunity to secure a landmark property with immediate flexibility and significant future upside.
Formerly operating as the St Leonards Police Station, the property offers a unique combination of residential accommodation, professional consulting space and approved subdivision potential, creating opportunities seldom found within a single asset.
Adding to the appeal, the property benefits from an approved two-lot subdivision permit, with the proposed allotment already physically separated by Colorbond fencing, allowing purchasers to clearly visualise the future configuration of the site.
Whether your plans involve living, investing, operating a business, further developing or simply land banking for future growth, the versatility on offer is exceptional. The existing improvements provide multiple options for owner occupiers, investors, medical professionals, consultants or those seeking a property capable of adapting to changing needs over time.
Located within a rapidly growing residential precinct where substantial investment and development activity is underway, the property enjoys convenient access to schools, shopping centres, medical services, public transport and the Launceston CBD.
Opportunities that combine immediate usability, approved planning outcomes and future development flexibility are becoming increasingly difficult to find.
Features:
Approx. 1,682sqm allotment
Approved two-lot subdivision permit in place
Proposed allotment already separated by Colorbond fencing
Former St Leonards Police Station
Flexible residential and professional use potential
Strong development and investment appeal (STCA)
Expansive site with multiple future possibilities
Close to schools, shopping centres, medical facilities and public transport
Less than 10 minutes to Launceston CBD
Properties offering this level of flexibility, character and future potential are exceptionally rare. Inspection is highly recommended.
The size of St Leonards is approximately 44.7 square kilometres. There are 5 parks, covering nearly 0.6% of the total area. The population of St Leonards in 2016 was 2009 people. By 2021 the population was 2351 showing a population growth of 17.0% in the area during that time. The predominant age group in St Leonards is 30-39 years. Households in St Leonards are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation.In 2021, 77.70% of the homes in St Leonards were owner-occupied compared with 76.30% in 2016.
St Leonards has 1,164 properties. Over the last 5 years, Houses in St Leonards have seen a 68.38% increase in median value, while Units have seen a 91.82% increase. As at 31 July 2026:
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