OFF MARKET

190 Charles Street
Launceston TAS 7250

Bedrooms: 6
Bathrooms: 2
Car spaces: 10
Floor area: 482m2
Land area: 723m2
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Property Details for 190 Charles St, Launceston

190 Charles St, Launceston is a 6 bedroom, 2 bathroom House with 10 parking spaces and was built in 1835. The property has a land size of 723m2 and floor size of 482m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1835
Floor Size
482m2
Land Size
723m2
Local Government
Launceston
Lot/Plan
1/46569

Last Listing description (February 2023)

Morton House is without doubt one of Launceston's most admired and important Georgian buildings and represents a versatile opportunity to purchase a grand home in the growing market for historic inner-city houses or as a commercial investment for the astute and creative entrepreneur - perfect as an art gallery, boutique retail outlet, corporate headquarters, medical centre or tourism / hospitality venture.

Situated on a large 746m2 allotment opposite Prince's Park, this three storey Georgian building is believed to have been built in 1831 by Alexander Waddle, a freed convict, hotel keeper and property owner on land originally granted to him. The building was first used as St John's Hospital, where the first recorded surgical anaesthesia was conducted in 1847. Over the years this Georgian building has been used as a boarding house, school, consulting and office rooms, restaurant and private residence.


Morton House has an abundance of original internal and external features including grand entry, regency and marble mantles and fireplaces, wide timber mouldings, high ceilings, dormer windows, attic rooms, decorative ceilings, arched hallways, timber staircases, large windows and a low maintenance garden complete with a Weeping Elm recorded on the Tasmanian Heritage Register and National Trust of Australia Register of Significant Trees.

In addition to the 354m2 fully restored solid house, there are also two large, modern 65m2 office spaces with parking for 10 cars at the rear of the property, perfect for an additional income stream. All town services are provided.

Launceston is a culturally, historically and artistically rich and diverse city. It is fast becoming a regional city of choice and experiencing strong economic and commercial growth, providing solid investment opportunities. Launceston was recently voted as Australia's best place to visit and Tasmania is ranked as one of the top 5 safest places in the world.

Morton House is perfectly positioned in Launceston's vibrant CBD. Within walking distance are the Charles Street cafe and restaurant precinct, parks, river walks and famous Gorge, supermarkets, shopping, museums and art galleries, the University of Tasmania and Launceston General Hospital. Launceston Airport is only 15 minutes away, Hobart and easy 2 hour drive and Melbourne a quick 47 minute flight.

Morton House is one of Launceston's best known iconic historic buildings and represents a solid commercial investment opportunity or unique inner-city residence.

For further information or to arrange a private inspection please contact - Dominic Romeo on 0438 500 277 or email - dominicromeo@circaheritageandlifestyle.com.au

Property History for 190 Charles St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$880,000
13 Mar 2015
  • 15 Mar 2022
    Listed for Sale Contact Agent
  • 13 Mar 2015
    Sold for $880,000
  • 29 Jan 2015
    Listed for Sale Not Disclosed
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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 3,720 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 28 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Launceston.

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Disclaimer
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.