Character, Potential & Opportunity Close to the City

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301 Brisbane Street, Launceston TAS 7250

Offers Over $599,000

Search Band Search Visibility Band

$550k - $600k High Confidence Calculated based on strong search observations.

House 4 Beds 3 Baths 2 Cars

Listed: 20th Aug 2026

Updated: 52 days ago

Overview

This property offers a unique blend of character charm and redevelopment potential, occupying a desirable location within easy reach of Launceston's city and natural attractions like the Gorge.

The main residence is a captivating early 1900s cottage that preserves period features while presenting an exciting canvas for renovation and contemporary improvements. It hosts three bedrooms and two bathrooms, providing comfortable living spaces suitable for family life or accommodating guests.

Complementing the main house is a separate one-bedroom flat, contributing to added versatility for multi-generational living or rental income.

The substantial site's development opportunities include the potential for constructing two townhouses with dual access, subject to council approval. This presents significant scope for investors or developers looking to capitalize on the property's strategic setting and size.

Residents will appreciate the proximity to the city center coupled with the tranquility of a historic neighborhood within walking distance to natural reserves, offering both convenience and lifestyle benefits.

Character-filled early 1900s cottage with renovation potential
Three-bedroom, two-bathroom main dwelling alongside a self-contained one-bedroom flat
Potential for diverse income streams or extended family use
Opportunity for townhouse development and dual access (STCA)
Excellent location near Launceston city and the Gorge

This property will appeal to renovators eager to restore a period home, investors seeking multiple revenue streams, or developers ready to unlock the site's full potential in a growing region.

Local Market Insights

In Launceston, Quiet Listings observed 61 new houses entering the market over the last 30 days, up from 46 during the previous 30-day period, with an average advertised asking price of $776,230. The property type mix of listed properties is predominantly Houses at 57%, followed by land (21%), and units (15%). The most active agency for houses in the Launceston area is currently Harcourts, representing 20% of new listings, followed by Harrison Humphreys Real Estate with 18%. 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.