**Price reduced $60,000**
Behind its unassuming front facade, this peaceful and private property delivers exceptional executive living and entertaining opportunities, with every CBD amenity literally available at your doorstep.
Suited to those looking for a private inner city home, or the astute investor. This property is currently a successful Airbnb, with a history of returns in excess of $70k per annum. The property has all current approvals for short-term stay accommodation.
Conveniently accessed either via the historic front porch or the private rear laneway with plenty of secure, off street parking options available, you will enjoy the benefits of dual entry from either Bathurst Street & Irving-Frelek Laneway.
The home itself offers three dedicated bedrooms, one with its own ensuite bathroom, doubling as a central bathroom for the upper floor. Downstairs, the contemporary kitchen adjoins the dining room and offers quality appliances. The formal living is of good size and also adjoins a study area, ideal for those who work from home.
The attic, situated upstairs, is completely lined and features two skylights, offering flexibility to convert it into an additional bedroom or living room, or simply use it as extra storage space.
Under the mixed use zoning, the property can be utilised for both residential or commercial purposes. With continued growth in the short term rental market, a convenient and historically premier position in the inner-ring central Launceston and the continued investment and improvements in the surrounding area, this property promises a dynamic investment opportunity or forever home for the lucky purchaser.
Prominent features of this property include:
- fully furnished, list available upon request
- dual access with secure, off-street parking options
- two reverse cycle heat pumps & electric wall heating
- fully lined upstairs attic with skylights for additional storage needs
- mixed zone usage that provides both residential or business opportunities
- classic and contemporary architectural features
- incredibly low maintenance grounds
Ideally located just a few minutes walk to the Launceston General Hospital, the centre of the Launceston CBD and all the conveniences you could ever need. Contact Lochie today to register your interest.
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 3,720 properties. Over the last 5 years, Houses in Launceston have seen a 45.45% increase in median value, while Units have seen a 34.92% increase. As at 30 November 2025:
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