SOLD
Sold on 12 Jul 2024 for $1,870,000

54 Elphin Road
Launceston TAS 7250

Bedrooms: 6
Bathrooms: 1
Car spaces: 6
Floor area: 286m2
Land area: 776m2
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Property Details for 54 Elphin Rd, Launceston

Building Type
Commercial
Year Built
1860
Floor Size
286m2
Land Size
776m2
Local Government
Launceston
Lot/Plan
1/137333

Last Listing description (August 2024)

Most recently used as one of Launceston?s most respected specialist medical practices, the fa?ade of 54 Elphin Road in Launceston dates back to 1860. Its street appeal is undeniable & although the property is heritage listed it has undergone a major renovation & extension to create a high spec & functional specialist medical facility that focuses on safety & comfort for both patients & medical staff in turn providing an optimal environment for healthcare services.

It is a bespoke offering with multiple treatment & procedure rooms, off street parking & has previously held the advantage of having permitted use for day procedures. Ramped entry from the side of the property leads to a private & spacious reception area & waiting area, with 8 rooms suitable for consultancy or treatment purposes readily accessible from this central location.

The space also boasts multiple bathrooms, storage & cleaning areas as well as a residential kitchen which serves as a fully featured kitchenette & break room off the main reception area.

This property is ideally positioned for medical use being nestled amongst numerous specialist medical practices on Elphin Road & Lyttleton Street & less than 500m from Calvary St Luke?s Hospital & within walking distance to and from the Launceston CBD.

If you are a medical professional seeking to secure a ready-made premises for your practice then this fantastically positioned freehold property, requiring minimal to no works, for high end medical use, is surely a must-see opportunity.

? Zoned 8.0 General Residential
? Original building C1860 + extensions completed 2010
? Appealing heritage fa?ade with manicured gardens
? Positioned amongst numerous medical practices
? Close by to Calvary St Luks hospital & CBD
? Multiple treatment & practice rooms with medical fit-out
? Ramped disabled access
? Ambulance access available
? All electric works are to theatre standard
? Dedicated recovery room
? Lockable steel cage for medical waste
? Carpark for 6 cars
? Brand new roofing

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Property History for 54 Elphin Rd, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,870,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $1,870,000
  • 29 Apr 2024
    Listed for Sale Not Disclosed
  • 14 Nov 2023
    Listed for Sale Best Offer Over $1.8M
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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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Alex Robinson
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Andy Howell
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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.