SOLD
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Sold on 28 Nov 2023 for $650,000

152 Bathurst Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 151m2
Land area: 156m2
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Property Details for 152 Bathurst St, Launceston

152 Bathurst St, Launceston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 156m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Floor Size
151m2
Land Size
156m2
Local Government
Launceston
Lot/Plan
3/58490

Last Listing description (November 2023)

**Price reduced $60,000**

Behind its unassuming front facade, this peaceful and private property delivers exceptional executive living and entertaining opportunities, with every CBD amenity literally available at your doorstep.

Suited to those looking for a private inner city home, or the astute investor. This property is currently a successful Airbnb, with a history of returns in excess of $70k per annum. The property has all current approvals for short-term stay accommodation.

Conveniently accessed either via the historic front porch or the private rear laneway with plenty of secure, off street parking options available, you will enjoy the benefits of dual entry from either Bathurst Street & Irving-Frelek Laneway.

The home itself offers three dedicated bedrooms, one with its own ensuite bathroom, doubling as a central bathroom for the upper floor. Downstairs, the contemporary kitchen adjoins the dining room and offers quality appliances. The formal living is of good size and also adjoins a study area, ideal for those who work from home.

The attic, situated upstairs, is completely lined and features two skylights, offering flexibility to convert it into an additional bedroom or living room, or simply use it as extra storage space.

Under the mixed use zoning, the property can be utilised for both residential or commercial purposes. With continued growth in the short term rental market, a convenient and historically premier position in the inner-ring central Launceston and the continued investment and improvements in the surrounding area, this property promises a dynamic investment opportunity or forever home for the lucky purchaser.

Prominent features of this property include:
• fully furnished, list available upon request
• dual access with secure, off-street parking options
• two reverse cycle heat pumps & electric wall heating
• fully lined upstairs attic with skylights for additional storage needs
• mixed zone usage that provides both residential or business opportunities
• classic and contemporary architectural features
• incredibly low maintenance grounds

Ideally located just a few minutes walk to the Launceston General Hospital, the centre of the Launceston CBD and all the conveniences you could ever need. Contact Lochie today to register your interest.

Property History for 152 Bathurst St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$650,000
28 Nov 2023
  • 26 Nov 2023
    Sold for $650,000
  • 28 Feb 2022
    Listed for Sale Contact Agent
  • 17 Sep 2021
    Listed for Sale Sold
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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 3,744 properties. Over the last 5 years, Houses in Launceston have seen a 56.44% increase in median value, while Units have seen a 28.42% increase. As at 31 August 2024:

  • The median value for Houses in Launceston is $743,703 while the median value for Units is $461,437.
  • Houses have a median rent of $493 while Units have a median rent of $430.
There are currently 24 properties listed for sale, and 33 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Lochie Reid
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Cheryl Atkinson
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Living Here Launceston
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.