4 Paterson StreetLaunceston TAS 7250
Property Details for 4 Paterson St, Launceston
Last Listing description (September 2020)
Great central position right in Launcestons CBD, multiple offices with reception and parking for 3 vehicles on site, 4 Paterson Street is a property that fits a broad range of uses. From an accountants office to a legal practice, real estate agency to numerous professional services the suitable business types for a building like this are vast.
The property has a nice character and charm to it and its functional layout is workable and inviting. Location is a real strong point for the property, approx. 200m from the Launceston mall and within close proximity to public car parking.
For over 50 years 4 Paterson Street was the home to PL Corby & Co and therefore has not been offered to the leasing market in a very long time, it is an opportunity you will not want to miss out on.
Features include:
-202m2 approx. total upstairs / down
-Zoning Urban Mixed Use (15.0)
-Parking onsite for 3 vehicles
-NBN Ready
-Alarm system installed
-Large strongroom for secure storage
-Two bathrooms and kitchenette
Outgoings: (previous financial year)
Land Tax: $1,001.50
Council Rates: $2,041.66
TasWater: $TBA
To learn more about this property, contact Andy at Tucker & Howell.
Property History for 4 Paterson St, Launceston, TAS 7250
- 31 May 2020Listed for Rent $23,400 / year
- 21 Feb 2020Sold for $400,000
Recent sales nearby
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0About Launceston 7250
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:
- The median value for Houses in Launceston is $764,492 while the median value for Units is $486,282.
- Houses have a median rent of $510 while Units have a median rent of $450.
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