1/18 Wellington St, Launceston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1880. The property has a land size of 117m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
This beautifully maintained townhouse is fully furnished and positioned right in the heart of Launceston's CBD. It epitomises inner city living and will appeal to those looking for a city change, commercial space or an investment with an extraordinary return. A rare and versatile property, it is zoned as 'Urban Mixed Use' and is currently operating as very successful tourist accommodation via Airbnb. Whilst located in the centre of the CBD, this home is deceptively quiet and has two secure parking spaces behind remote controlled gates.
Overview:
Exceptional return on investment through short or long term accommodation
Click on the 'External Link' below for the virtual furnishing floorplan and video tour. Contact Jeremy Wilkinson for your inspection.
Rental return: Airbnb $180-$280 per night
Unit size: 89m
Land size: 117m
Built: 1880
Rates: $1800 approx
Council Zoning: 15.0 Urban Mixed Use
Council: Launceston
Heritage listed: Yes
***Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
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:
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