408/3-11 Earl StreetLaunceston TAS 7250
Property Details for 408/3-11 Earl St, Launceston
408/3-11 Earl St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 26m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in July 2008.
Last Listing description (July 2026)
Seize the opportunity to own one-or both-of these stylish 1-bedroom units within the highly sought-after Best Western Hotel, a 4.5-star building located in the heart of Launceston CBD.
These units offer a unique investment model:
- You own the individual unit.
- The hotel manages the nightly bookings and guest stays.
- Owners receive a share of the overall hotel income, distributed between the participating unit owners.
- Monthly income statistics are available upon request.
- Owners are entitled to 4 complimentary nights' accommodation at the hotel each year.
UNIT FEATURES:
- 1 bedroom
- 1 bathroom
- Spacious bedroom with large windows and city views
- Air-conditioning
- Compact study nook with table and chair
- Convenient lift access
- Communal washing facilities
- Ample street parking nearby
Located within walking distance of everything Launceston CBD has to offer, these units provide an appealing opportunity to own an investment property within an established hotel accommodation model, with the day-to-day letting and management handled by the hotel.
Whether you're looking to purchase one unit or secure both, this is an opportunity worth exploring.
Monthly income statistics and further financial information are available on request. Please reach out for a full breakdown and additional details.
Property History for 408/3-11 Earl St, Launceston, TAS 7250
- 16 Jun 2026Listed for Sale $174,000 PER UNIT
- 16 Dec 2025Listed for Sale $174,000 PER UNIT
- 02 Apr 2025Listed for Sale $174,000 PER UNIT
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0About 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 3,725 properties. Over the last 5 years, Houses in Launceston have seen a 26.79% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:
- The median value for Houses in Launceston is $873,912 while the median value for Units is $559,475.
- Houses have a median rent of $590 while Units have a median rent of $450.
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