FOR SALE
Best Offer Over $745,000

2/127 George Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 188m2
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Inner City Living

This stunningly renovated 1959 apartment offers an incredible opportunity for short, medium, or long-term accommodation, promising a high return on investment. Fully furnished and equipped with whitegoods, it boasts a spacious kitchen with granite benchtops, generous storage and a large lounge area.
The master suite features a stylish ensuite and walk-in robe, while the main bathroom includes a spa bath and separate shower. With the convenience of ducted heating and cooling, automated blinds and quality finishes, this property is a rare find. The city lifestyle is literally at your doorstep and seldom does a spacious apartment in the centre of town offering two garage spaces come to the market.
Key features:
• Huge potential for return on investment through short, medium or long term accommodation
• Fully furnished, including whitegoods
• A circa 1959 renovated apartment with a front balcony and city views
• Spacious well-appointed kitchen featuring Granite benchtops & loads of storage
• Generous dining space plus large lounge
• Master bedroom suite with generous walk in robe and stylish ensuite
• Main bathroom offers a spa bath, separate shower
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Property Details for 2/127 George St, Launceston

2/127 George St, Launceston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 188m2 and floor size of 176m2. The place is currently for sale with Harcourts Launceston.

Building Type
Unit
Floor Size
176m2
Land Size
188m2

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About 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 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.

Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:

  • The median value for Houses in Launceston is $734,272 while the median value for Units is $497,284.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 31 properties listed for sale, and 30 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Launceston.

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Jeremy Wilkinson
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Harcourts Launceston
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