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Sold on 05 Aug 2024 - Price Unavailable

168A St John Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 122m2
Land area: 177m2
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McGrath Launceston
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Property Details for 168a St John St, Launceston

168a St John St, Launceston is a 2 bedroom, 2 bathroom House and was built in 1992. The property has a land size of 177m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Year Built
1992
Floor Size
122m2
Land Size
177m2
Local Government
Launceston
Lot/Plan
5/101165

Last Listing description (August 2024)

For the past 32 years this ideally situated property has fulfilled a role as the premises of a medical practice. Now, the time has arrived for contemplating the next phase for spaces that offer the significant advantage of dual zoning - residential and commercial - and the added attraction of four allocated carport spaces.

The single consulting room office could be redesigned to a 2 or 3 consulting room if required.
Currently comprising a reception area, waiting room, large consulting room, a kitchenette, bathroom, separate powder room and dedicated storage rooms, the property occupies 1/5th of a building that's occupied by medical professionals.

Scope to continue operating as medical rooms is matched by possibilities for pursuing alternative commercial applications or for adopting a residential role. Potential for conversion to an Airbnb address can also be considered ? and all scenarios are clearly complemented by the convenience of a location that puts cafes, Prince's Square, the CBD and the hospital precinct within easy reach.

An opportunity that's attractive from so many angles!

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Property History for 168a St John St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
05 Aug 2024
  • 05 Aug 2024
    Sold
  • 04 Jun 2024
    Listed for Sale Not Disclosed
  • 29 Aug 2003
    Sold for $127,200
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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.

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