10 King St, Launceston is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1850. The property has a land size of 263m2 and floor size of 84m2.This Property is currently listed for sale with Sims For Property - Launceston
Positioned in a sought-after pocket of Launceston, this charming property at 10 King Street presents an outstanding opportunity for homeowners, investors, or those seeking a high-performing short-stay asset.Currently operating as a successful Airbnb, the property has a proven track record with strong returns (figures available upon request), making it an ideal turnkey investment. There is also the option to purchase the home fully furnished, allowing for a seamless continuation of its short-term accommodation use or an easy move-in experience.The home offers a blend of character and comfort, with well-proportioned, light-filled living spaces that create a warm and inviting atmosphere. The layout caters to a variety of living arrangements while maintaining its unique charm.Accommodation includes comfortable bedrooms, a practical and well-equipped kitchen, and a welcoming living area-perfect for relaxing or hosting guests. Outside, the yard provides space to unwind and enjoy, with potential for further enhancement.Conveniently located just minutes from the Launceston CBD, the property is within easy reach of cafes, schools, shops, and public transport, ensuring ongoing appeal for both residents and visitors alike.Key Features: Proven successful Airbnb with strong returns Figures available upon request Option to purchase fully furnished Prime location close to Launceston CBD Light-filled interiors with flexible layout Ideal for investors, owner-occupiers, or short-stay operatorsWhether you're looking to invest, occupy, or continue its success as a short-term rental, 10 King Street is a rare opportunity in a highly desirable location.Contact us today to arrange an inspection.Built: 1850 approx. Land size: 263m2 approx.House size: 84m2approx.Water Rates: $1,200.00pa approx.Council Rates: $2,200.00pa approx.School Catchments: East Launceston Primary School & Queechy High SchoolZoning: General ResidentialSims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 37.53% increase in median value, while Units have seen a 34.57% increase. As at 31 March 2026:
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