1/291 Wellington Street, Launceston TAS 7250

This rare property offers the perfect mix of lifestyle and opportunity, ideally located just minutes from the Launceston CBD and within easy reach of essential services. Whether you're looking to invest or run your own business this versatile property ticks all the boxes.

Set on a total 343m² parcel of land, the updated three-bedroom, one-bathroom residence delivers both comfort and functionality. It opens the door to a range of possibilities—live in the home while running a business from the street-facing shopfront, lease out both spaces for dual income, or simply enjoy the convenience of city-fringe living.

Inside, the home has been refreshed, offering modern finishes and a welcoming feel throughout. The living spaces are bright and practical, making it easy to move in and make the most of the home right away. Whether you’re working from home, looking to open a boutique retail space, or establish a professional office, the layout is flexible and ready to suit your needs.

The prominent shop-front on Wellington Street offers excellent exposure for businesses, with a steady flow of local traffic and pedestrians passing by daily.
The property is located just moments from the Launceston General Hospital—a huge plus for convenience and accessibility.

Commuters and clients will also benefit from the easy access to public transport, with nearby bus stops providing direct routes into the city and surrounding suburbs.

Inspections by appointment only.

Rental Return Estimates: House $450-$480 P/Week Approx. Shop-Front $450-$550 P/Week Approx.
Water rates: TBC
Council rates: $620 per quarter approx.
Building size: 238m2 approx Inc House and Shop-Front.
Land size: 343m2 approx.
Year Built: 1948

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations