94 Elizabeth StreetLaunceston TAS 7250
Property Details for 94 Elizabeth St, Launceston
94 Elizabeth St, Launceston is a 1 bedroom, 2 bathroom Other with 3 parking spaces and was built in 1890. The property has a land size of 149m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Other sold in Launceston in the last 12 months.
Last Listing description (May 2025)
Discover this charming building, rich in heritage, set on a rare dual-frontage parcel of land with 4.88m on both Elizabeth Street and Benders Lane. This unique opportunity combines the allure of history with the promise of future development. This Property is being offers as vacant possession.
Key Features:
Development Potential: Clear avenues for multi-level new builds, perfect for maximizing this prime location.
Zoning: Coveted 'Urban Mixed' use overlay, opening doors to a variety of uses.
Land & Building Size: Approx. 150m² land / 176m² building, providing ample space for your vision.
Rates: $2400 per year (approx)
Water: $1000 per year plus usage
Versatile Opportunity: Ideal for developers, investors, or as a city pad.
This property is highly recommended for buyers seeking income, growth, and significant upside in a tightly held market. Don't miss your chance to secure this exceptional offering!
Contact us today to arrange a viewing!
Jenkins & Co Property Tasmania have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 94 Elizabeth St, Launceston, TAS 7250
- 01 May 2025Sold for $594,000
- 15 Oct 2024Listed for Sale Offers over $549,000
- 08 Oct 2021Sold for $600,000
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 3,722 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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