OFF MARKET

21-23 Paterson Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 1138m2
Land area: 1125m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 21-23 Paterson St, Launceston

Building Type
Commercial
Year Built
1880
Floor Size
1138m2
Land Size
1125m2
Local Government
Launceston
Lot/Plan
1/47479

Last Listing description (October 2023)

Situated in the CBD of Launceston and on busy Paterson Street is 23 Paterson Street.

Only newly refurbished to A grade offices and a great mix of open plan and individual offices.

A luxury so close to town, this tenancy has the option to be leased with up to 6 on site car parks.

Minutes from local coffee shops, public car parking and Brisbane Street Mall.

The tenancy features integrated air-conditioning; contemporary conveniences; staff facilities and disability access.

Asking Rent: $115,000 pa + GST + Outgoings + Car Parks

Property History for 21-23 Paterson St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$3,225,000
29 Apr 2019
Listed for Rent
$115k/w
16 Oct 2023
  • 16 Oct 2023
    Listed for Rent - Price not available
  • 02 Jun 2023
    Listed for Rent - Price not available
  • 29 Apr 2019
    Sold for $3,225,000
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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 3,721 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 29 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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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.