For the past 32 years this ideally situated property has fulfilled a role as the premises of a medical practice. Now, the time has arrived for contemplating the next phase for spaces that offer the significant advantage of dual zoning - residential and commercial - and the added attraction of four allocated carport spaces.
The single consulting room office could be redesigned to a 2 or 3 consulting room if required.
Currently comprising a reception area, waiting room, large consulting room, a kitchenette, bathroom, separate powder room and dedicated storage rooms, the property occupies 1/5th of a building that's occupied by medical professionals.
Scope to continue operating as medical rooms is matched by possibilities for pursuing alternative commercial applications or for adopting a residential role. Potential for conversion to an Airbnb address can also be considered and all scenarios are clearly complemented by the convenience of a location that puts cafes, Prince's Square, the CBD and the hospital precinct within easy reach.
An opportunity that's attractive from so many angles!
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 43.28% increase in median value, while Units have seen a 23.52% increase. As at 31 December 2025:
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