From the moment you arrive at 116 Abbott Street, it's clear this is more than just a home - it's a lifestyle investment in one of Launceston's most admired suburbs. Surrounded by leafy streets and beautiful established homes, this property offers the rare combination of generous proportions, contemporary comfort, and enduring value. Whether you're seeking a secure, high-performing investment or planning a future move to Tasmania's North, this Newstead address promises a lifestyle defined by space, convenience, and prestige.
Timeless Comfort, Generous Space & a Premier Newstead Address
Set in the heart of Newstead – one of Launceston's most tightly held and highly regarded suburbs – this substantial brick residence offers an exceptional combination of size, quality, and investment certainty.
Occupying an expansive 910m² block in a leafy residential street, the home has been designed to capture abundant natural light and provide effortless everyday living. Its solid construction and thoughtful layout deliver enduring comfort for families while appealing equally to investors seeking a premium, low-maintenance holding in a blue-chip location.
Spacious Family Design
Spanning approximately 250m2, the home unfolds across two generous levels. The upper floor is dedicated to open-plan living, with a free-flowing kitchen, dining and lounge area enhanced by gleaming Tasmanian oak floors and brand-new plantation shutters. Large windows draw in sunlight throughout the day, creating a warm, welcoming environment perfect for entertaining or relaxing with family.
The kitchen is well-appointed with quality appliances and ample storage, connecting seamlessly to both indoor and outdoor spaces.
Accommodation includes four queen-sized bedrooms and two beautifully updated bathrooms offering northerly aspects with substantial built-ins together with a third large renovated room suitable as a bedroom or multi-purpose space. The master suite is a standout - recently refreshed to include a new ensuite and a stylishly fitted walk-in robe, creating a private retreat at the end of the day.
Downstairs, a spacious rumpus room offers versatility for use as a second living space, home office, or teenager's retreat. The large garage provides secure parking, additional storage, and internal access to the home.
Blue-Chip Location
Positioned within minutes of the Newstead Shopping Centre, Launceston CBD, and the city's leading private and public schools, this address perfectly balances convenience and lifestyle. Walk to nearby cafes and parks, or enjoy easy access to the Aquatic Centre, City Park, and the vibrant restaurant scene of East Launceston.
Investment & Future Potential
Currently leased for $750 per week until July 2026, this property offers a strong and secure return from day one - ideal for interstate or local investors. For those looking to relocate in the future, it represents a smart, forward-thinking opportunity to secure a home in one of Launceston's most in-demand suburbs while your investment works for you.
With its scale, flexibility, and outstanding location, 116 Abbott Street stands as a rare find - a family home of enduring quality and exceptional lifestyle appeal in one of Tasmania's most desirable neighbourhoods.
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