109 George StreetLaunceston TAS 7250
Property Details for 109 George St, Launceston
109 George St, Launceston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1880. The property has a land size of 109m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in July 2002.
Last Listing description (February 2026)
If you have been waiting for something truly unique in the centre of Launceston, 109 George Street is the one that will grab your attention. This is a property that offers versatility, income, and location all in one clever package. You simply do not find opportunities like this in the CBD very often.
Let us take a look at what makes this such a standout.
Upstairs Your Urban Haven
Sitting above the street is a bright two bedroom apartment with an open living space that looks out over George Street. It has its own private access from Earl Street so there is no need to step through the shop. The kitchen has been updated, the layout is practical, and the space feels light and inviting.
The apartment is currently leased through to August 2026 at $360 pw, giving you immediate rental income and peace of mind from day one.
Downstairs Your Business Base
The ground floor offers a spacious commercial shopfront that is ready for its next chapter. Whether you want to secure a tenant or bring your own business vision to life, the options here are endless. Take a look at the AI styled images for inspiration, because this space can adapt to so many ideas.
There is also a private storeroom and toilet at the rear, along with secure onsite parking. In the CBD, that alone is worth its weight in gold. Rental potential for the commercial space is estimated at around twenty five thousand per year plus outgoings.
The Location Everyone Wants
Set right in the lively heart of George Street, you are surrounded by cafs, boutiques, and steady foot traffic. It is a position that offers visibility, convenience, and strong commercial appeal, while also giving your upstairs tenant an unbeatable lifestyle.
Why 109 George Street Stands Out
Dual income potential with both residential and commercial returns
Brilliant CBD position with constant foot traffic
Secure off street parking
Flexibility to invest, occupy, or blend the best of both worlds
Properties like this do not come along often. It is smart, central, and full of opportunity.
If you want the kind of CBD investment that works as hard as you do, Bec and Wayne are ready to show you through.
Property History for 109 George St, Launceston, TAS 7250
- 18 Nov 2025Listed for Sale Offers Over $749,000
- 16 Jun 2025Listed for Rent $360 / week
- 19 Jun 2024Listed for Sale Offers Over $799,000
Recent sales nearby
See more recent sales nearby/assets/perm/npb7njgah4i6zfmbtozvglb2ka?signature=ddd2d632b563139162f7fa7dc8211eae68d1f045bb7d7c263ef63812905be23c){kind=logo}
0
/assets/perm/so7goc3qcai63aksuehm237vjq?signature=9f737b71bfce316b5652d39d10796afb8e2e44e98114dcb670370f310fdd368c){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 37.21% increase in median value, while Units have seen a 29.64% increase. As at 28 February 2026:
- The median value for Houses in Launceston is $789,184 while the median value for Units is $513,760.
- Houses have a median rent of $530 while Units have a median rent of $460.
Suburb Insights for Launceston 7250
Market Insights
Launceston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Launceston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
