12/86 Cherry Rd, Trevallyn is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 2461m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Originally approved for 17 units back in the early 1990s, Lloyds Close is an uncompleted strata complex offering a unique development opportunity in the heart of Trevallyn.
Lot 12 is set over 6,300m2 and has the space and suitable title plan for more units to be built, subject to West Tamar Council approval.
Back in 1995 a family sized unit and a large workshop were constructed, with both currently being rented separately with a combined weekly rent of $465.00.
The unit offers four bedrooms (three with built-ins), two bathrooms and a remote access double garage. A spacious lounge room flows into an open plan kitchen and dining area and glass doors lead out to a back outdoor paved area.
Close to great schools and services this Cherry Road property is a rare find in suburban Launceston, offering many development options to someone with vision.
Give Rae Smith a call today to arrange an inspection.
Property Code: 199
The size of Trevallyn is approximately 9.9 square kilometres. It has 9 parks covering nearly 59.2% of total area. The population of Trevallyn in 2016 was 4562 people. By 2021 the population was 4826 showing a population growth of 5.8% in the area during that time. The predominant age group in Trevallyn is 40-49 years. Households in Trevallyn are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Trevallyn work in a professional occupation.In 2021, 72.20% of the homes in Trevallyn were owner-occupied compared with 72.80% in 2016.
Trevallyn has 2,304 properties. Over the last 5 years, Houses in Trevallyn have seen a 62.29% increase in median value, while Units have seen a 59.45% increase. As at 31 October 2025:
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