2/127 George St, Launceston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1959. The property has a land size of 188m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom Unit sold in Launceston in the last 12 months.
This beautifully reimagined 1959 apartment is a rare blend of timeless character and modern luxury, offering an exceptional investment opportunity for short, medium or long-term accommodation. Fully furnished and move-in ready, it's designed for effortless living or immediate rental return.
Step into a generous, light-filled kitchen with granite benchtops and ample storage, flowing into a spacious lounge perfect for relaxing or entertaining. The master suite is a private retreat, complete with a walk-in robe and sleek ensuite, while the main bathroom impresses with a spa bath and separate shower.
Comfort is key, with ducted heating and cooling, automated blinds and high-quality finishes throughout. Adding even more value are the two secure garage spaces - a rare find in the heart of the city.
Opportunities like this are few and far between. Whether you're looking to invest or enjoy the vibrant city lifestyle yourself, this standout apartment delivers on every level.
Key features:
• Huge potential for return on investment through short, medium or long term accommodation
• Fully furnished, including whitegoods
• A circa 1959 renovated apartment with a front balcony and city views
• Spacious well-appointed kitchen featuring Granite benchtops & loads of storage
• Generous dining space plus large lounge
• Master bedroom suite with generous walk in robe and stylish ensuite
• Main bathroom offers a spa bath, separate shower
• Powder room (separate toilet with basin), full sized laundry
• Convenience of ducted electric heating & cooling
• Quality carpets throughout and automated blinds
• Easy access to the rear of the unit from the garage
• Shops, cafes, restaurants, hotels & entertainment are all outside your door
• Easy walking distance to hospitals, supermarkets, cinema and the Seaport
• 12 minutes to Launceston Airport
• NBN connected
Contact Jeremy Wilkinson for your inspection.
Rental return: $700 pw Fully Furnished
Lease end date: 7/01/2026
Additional income: $200 per month on the 2nd carpark
Apartment size:176 sqm
Land size: 188 sqm
Built: 1959
Rates: $1800 pa approx
Body Corporate: $2600 pa approx
Council Zoning: 15.0 Urban Mixed Use
Council: Launceston
Heritage listed: No
**Harcourts Launceston 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. All measurements are approximate.
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 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:
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