203A-205 Wellington Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

203A-205 Wellington Street
Launceston TAS 7250

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Land area: 579m2
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Property Details for 203a-205 Wellington St, Launceston

203a-205 Wellington St, Launceston is a 8 bedroom, 4 bathroom House and was built in 1880. The property has a land size of 579m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1880
Land Size
579m2
Local Government
Launceston
Lot/Plan
1/229154

Last Listing description (April 2021)

This unique and highly versatile property offers an excellent business, investment opportunity or residential premises in a central location. The property spans two levels and offers three separate residential units plus a shopfront with kitchen previously traded as the Icon Toddle Inn take-away store.

Unit one/ Main house spans across 2 levels offering multiple living rooms, potentially 4/5 bedrooms, one main bathroom and a main bedroom with en-suite, a well sized and updated kitchen and formal dining area. Original features throughout and large bedrooms. A upper deck and 2 private outdoor entertaining spaces, cottage gardens and a Jacuzzi. With entrances from Wellington Street and Frankland Street.
Shopfront with internal access via Unit 1/Main house offers a ground floor with a well sized shopfront and a commercial kitchen. Main access is from Wellington Street

Unit two offers a ground level entrance, plus an upper level with two bedrooms, a kitchen, bathroom and storeroom with access from Frankland Street as number 76.
Unit three's ground floor offers a bathroom and open plan kitchen, living and dining area, and the large bedroom is situated on the upper level. Represented with access from Frankland Street as number 74
Each dwelling has its unique appeal and original features but some maintenance could be carried out.
The property is situated in a central location on the fringe of the Launceston CBD, close to the LGH and all services
A fabulous business or investment opportunity, or a wonderful character residence!

The property is Heritage listed and is all on one title, there is separate power meters for each dwelling. Currently zoned 20.0 Local Business with primary land use being Business And Residence.
NOTE: Photos online exclude any photography of unit 2, to view this unit we will require a private inspection.

Year Built: 1880
Land Size: 570m2 approx.

For any further questions/queries please contact Todd anytime.

Property History for 203a-205 Wellington St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,015,000
11 Mar 2021
  • 11 Mar 2021
    Sold for $1,015,000
  • 11 Feb 2021
    Listed for Sale Offers Around $1.35 Million
  • 31 May 2004
    Sold for $330,000
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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the 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 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:

  • The median value for Houses in Launceston is $854,205 while the median value for Units is $556,922.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.