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Overview
Positioned in the highly sought-after and tightly held West Launceston precinct, this solid brick residence is set on a generous allotment of approximately 775 square meters. This property offers an exciting opportunity for renovators, investors, developers, or first home buyers seeking to establish a foothold in one of Launceston's most convenient and desirable locations.
The home features three bedrooms and one bathroom, arranged in a functional floor plan that provides an excellent foundation for renovation or restoration. The spacious block offers ample room for further development or subdivision, subject to council approval, presenting significant potential for future growth and value enhancement.
This property is ideal for those looking to modernize and add value, create a dream first home, or expand an investment portfolio. The possibilities are extensive, given the property's location and size.
Convenience is a key feature of this location, with quality local schools such as West Launceston Primary School, St Patrick's College, and Prospect High School situated just moments away. The property also benefits from easy access to the Prospect shopping precinct, which includes Woolworths Prospect, cafes, medical facilities, and other everyday conveniences.
Adding to the appeal, the home is a short drive from the renowned Cataract Gorge Reserve, one of Launceston's most iconic natural attractions, offering recreational opportunities and scenic beauty.
Opportunities to acquire properties in this sought-after West Launceston area are becoming increasingly rare. Whether you are a savvy developer, investor, or buyer ready to undertake improvements, this property represents a compelling opportunity not to be missed.
Prospective purchasers are encouraged to consider this property for its position, potential, and possibilities, all within a convenient and well-established community setting.
Local Market Insights
In West Launceston, Quiet Listings observed 38 new houses entering the market over the last 30 days, up from 30 during the previous 30-day period, with an average advertised asking price of $932,737. The property type mix of listed properties is predominantly Houses at 58%, followed by land (17%), and units (13%). Harcourts was the most active agency in this area, representing 24.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
West Launceston TAS 7250
Market Insights for West Launceston TAS 7250
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