Coming Soon - Architecturally Designed with Dual Living Potential

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4/39-41 Peel Street, South Launceston TAS 7249

Best Offer Over $995,000

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$995k - $1.04M Transparent Transparent Listing Based on an openly advertised listing price.

Unit 4 Beds 3 Baths 2 Cars 1681 m² 185 m²

Listed: yesterday

Overview

Completed in 2023, this well-appointed and contemporary unit offers a comfortable and versatile design suited to families, professionals, or those seeking dual living potential. Located at the quiet end of a six-home complex in South Launceston, this property enjoys a private setting with views over established gardens and treetops, all within a stone's throw from convenient city amenities.

The home is set on approximately 1,681 sqm, providing generous outdoor space including low-maintenance gardens, a private dam, and various outdoor entertaining areas such as an elevated north-west-facing deck, three patios, and a fire pit nook. The outdoor environment fosters a relaxed atmosphere with added features like fruit trees, a vegetable garden, and a chicken coop for a touch of rural charm.

Bright open-plan living with Tasmanian oak flooring, a wood heater, and a study nook, delivering warmth and a welcoming ambiance.
A modern kitchen equipped with stone benchtops, a 90cm oven, five-burner cooktop, integrated dishwasher, and a separate butler's pantry ensures ample space and functionality for meal preparation and storage.
Comfort is assured year-round by ducted reverse cycle air conditioning throughout the home.
The upper level hosts three bedrooms, including a spacious main suite with a substantial walk-in wardrobe and a well-designed ensuite featuring a walk-in shower with rainfall and handheld showerheads. The main bathroom complements this with a freestanding bath and skylit walk-in shower, maximizing natural light and luxury.
Downstairs offers a versatile studio or fourth bedroom with independent access, kitchenette, ensuite, and parking. This separate living space is ideal for guests, extended family, or as an income-producing short-stay accommodation currently generating approximately $200 per night via Airbnb.
A double garage with internal access and additional driveway parking meet practical needs for vehicle storage and visitor accommodation.

With proximity to Glen Dhu Primary School and only a five-minute drive to Launceston CBD and Prospect Vale shopping centres, the location is both peaceful and convenient. This modern property offers a unique combination of spacious living, flexibility, and lifestyle benefits in a sought-after area.

Local Market Insights

In South Launceston, Quiet Listings observed 2 new units entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $662,000. The property type mix of listed properties is predominantly Houses at 71%, followed by units (12%), and land (6%). The only agency with for units listings currently monitored in the South Launceston area is Harcourts. 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.