34 Paterson Street, Launceston, TAS 7250 sold on 23 October 2025 | OnTheHouse
SOLD
Sold on 23 Oct 2025 for $3,110,000

34 Paterson Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 710m2
Land area: 2737m2
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Property Details for 34 Paterson St, Launceston

Building Type
Commercial
Year Built
1866
Floor Size
710m2
Land Size
2737m2
Local Government
Launceston
Lot/Plan
1/134290

Last Listing description (September 2026)

Positioned in the heart of the Launceston CBD, this well-known heritage halllocally referred to as Pilgrim Halloffers a rare opportunity to lease a character-filled and highly versatile space with exceptional scale and presence.

Featuring a spacious open-plan hall with hardwood timber floorboards, soaring ceilings, and original leadlight windows, the property provides a setting suited to a wide range of commercial, community, or creative uses dance/yoga studio, a performance space, gallery or exhibition space.


The flexible layout is supported by office accommodation to the rear, a large functional kitchen, and shared bathroom amenities.

While there is no on-site parking, the property is well serviced by surrounding metered street parking and multiple nearby multi-storey car parks, providing easy access for staff and visitors. Its central CBD position places it within immediate walking distance of retail, hospitality, and other professional services.

Large open hall with timber flooring & high ceilings
Character leadlight windows + heritage charm
Rear offices along with spacious kitchenette
Shared bathroom amenities
Electric panel heating
Outgoings included (excluding electricity usage)
Prime CBD location with strong pedestrian access

Howell Property Group 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 its validity. Prospective clients are advised to carry out their own investigations.

Property History for 34 Paterson St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$3,110,000
23 Oct 2025
  • 04 Sep 2026
    Listed for Rent - Price not available
  • 22 Jun 2026
    Listed for Rent $700 / week
  • 23 Oct 2025
    Sold for $3,110,000
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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 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 25.41% increase in median value, while Units have seen a 12.75% increase. As at 31 August 2026:

  • The median value for Houses in Launceston is $870,305 while the median value for Units is $557,467.
  • Houses have a median rent of $600 while Units have a median rent of $470.
There are currently 22 properties listed for sale, and 7 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 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.