In one of Launcestons most sought after suburbs, offering masses of potential. On two titles and comprising 5,322m2 of land comprising a two story building with total fully enclosed floor area of some 2,070m2ready for use as is, with some improvement or for redevelopment.
The views, the location and the configuration make this a property ideal for aged care, community based care, child care, allied health services, GPs, specialists roomsor a combination of these. Alternatively explore the options of self-contained assisted living or a residential redevelopment (subject to council approval). The current zoning under the Launceston Interim Planning Scheme 2015 is "Community Purpose".
With light filled, open and airy rooms enjoying in many instances excellent views, extensive air-conditioning and plumbing connections, masses of amenities and lift access between lower ground and ground floor the floor plan is versatile. Add to this an inground pool with ramped access, former kitchen and gym area on the lower ground floor and you have an excellent launch pad for redevelopment.
The grounds are landscaped and the property has dual accesses off Amy Road. With car parking already on site, there is potential for moreboth externally and undercover if so desired. Here is a chance to reshape a property and lock in a site that establishes an excellent foothold in a sought after location or assists future proofing your existing operations.
The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd .by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties
The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.
The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2016 was 5366 people. By 2021 the population was 5617 showing a population growth of 4.7% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 66.20% of the homes in Newstead were owner-occupied compared with 64.40% in 2016.
Newstead has 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 52.53% increase in median value, while Units have seen a 42.78% increase. As at 30 November 2025:
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