1/10 Paterson StreetLaunceston TAS 7250
Property Details for 1/10 Paterson St, Launceston
Last Listing description (September 2016)
Shepherd & Heap have the pleasure of offering Level 1, 10-14 Paterson Street for sale on a vacant possession basis. Split between three floor plates, the sizeable 700m2 title area offers strategic departmental division or indeed the ability to take on a subtenant for rental income.
This light, bright and architecturally designed office has been the benchmark for Launceston office accommodation for some years now and truly offers an enjoyable and inspiring work environment. A quality offering for the astute purchaser to relocate your business, comprising excellent office partitioning, meeting space, breakout areas, toilets and kitchenette of the highest quality
The successful purchaser will also have the option of securing freehold car parking in the lane way to the left of the building.
Property History for 1/10 Paterson St, Launceston, TAS 7250
- 06 Aug 2015Listed for Sale By Offer
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About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:
- The median value for Houses in Launceston is $766,540 while the median value for Units is $497,845.
- Houses have a median rent of $510 while Units have a median rent of $450.
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