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7 Duke Street, West Launceston TAS 7250

Offers Over $750,000.

Search Band Search Visibility Band

$750k - $800k High Confidence Calculated based on strong search observations.

House 4 Beds 3 Baths 1 Car 1533 m² 175 m²

Listed: 49 days ago

Overview

This substantial four-bedroom, three-bathroom home in the desirable West Launceston area presents a rare blend of character, space, and future opportunity. Thoughtfully updated, it offers a versatile layout ideal for a range of buyers, from families seeking ample living space to investors looking for multiple income streams.

Set on a generous 1,533 square metre block, the property provides a significant landholding that is uncommon in this convenient location, creating potential for future development subject to council approval. The adaptable floorplan includes a well-appointed master suite with an ensuite, enhancing the functionality and privacy of the living spaces.

An appealing feature of this property is its proven suitability for Airbnb, with the front portion of the home offering a distinct living area perfect for short-stay guests or additional income generation. Alternatively, this section can be reconnected to form a large, cohesive family home, making it highly adaptable to changing needs.

The property's location offers proximity to key amenities, including the Launceston General Hospital, the Central Business District, local shops, and essential services, supporting a balanced lifestyle for professionals and families alike. With generous internal living space of 175 square metres and a large block, this home combines the benefits of established living with exciting potential for the future, appealing to downsizers, investors, and those seeking a project with upside.

Overall, this property represents a versatile opportunity in a sought-after suburb, offering space, character, and scope for tailored living or investment strategies.

Local Market Insights

In West 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 West 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.