OFF MARKET

10 Alice Place
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 510m2
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Last updated 18 Nov 2024
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Property Details for 10 Alice Pl, Launceston

10 Alice Pl, Launceston is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 510m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1900
Floor Size
130m2
Land Size
510m2
Local Government
Launceston
Lot/Plan
1/107207

Last Listing description (June 2023)

Located in the historic Alice Place and once part of the grounds of a significant 1840s Mansion, this property has a unique and fascinating heritage and offers a rare opportunity to own a piece of Launceston's rich history.

This charming character cottage sits in the heart of inner-city Launceston and showcases timeless examples of federation architecture. This 1900s timber home boasts two frontages and offers dual rental incomes, making it an excellent choice for investors seeking strong returns.

Set back from the street, the two-storey dwelling and its seperate tenancies are comprised of - a 3-bedroom, 1-bathroom house on one side, and an attached studio residence on the other, complete with its own kitchen amenities and bathroom. The property enjoys access to a private roadway at the rear, adding to its privacy, functionality and convenience.

Whilst ideally suited to an investor seeking consistently strong returns, with the potential for a solid rental income stream from both tenancies, it also offers plenty of scope for those with renovation aspirations. There is even the possibility of complete redevelopment with the construction of a luxury inner-city home with aspect, elevation, and an A-class address.

This is a unique and exciting investment opportunity in a highly sought-after location. Whether you're an investor looking for a rental property or an ambitious developer, this 1900s timber cottage offers a rare opportunity to own a slice of Launceston's history. So don't miss your chance - register your interest today!

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Property History for 10 Alice Pl, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$575,000
23 Apr 2023
Listed for Rent
$765/w
31 Oct 2022
  • 23 Apr 2023
    Sold for $575,000
  • 23 Feb 2023
    Listed for Sale Offers over $595,000
  • 25 Aug 2022
    Listed for Rent $480 / week
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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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