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2/94 Frankland Street, Launceston$320,000
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2/94 Frankland Street

Launceston, TAS 7250, Australia
$320,000
314 m²

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About this property

Set within a highly sought-after pocket of Launceston, this exceptional parcel of land presents an incredible opportunity to secure a prime inner-city site in one of Tasmania's most vibrant and historic centres. Offering approximately 314m2 of level land with excellent access from Margaret Street, the block provides the ideal foundation for a contemporary residence designed to embrace effortless urban living. Opportunities to build in such a central location are increasingly scarce, making this property particularly appealing for those seeking to create a bespoke home tailored to their lifestyle. The surrounding streetscape of established, quality homes add to the sense of prestige and long-term value. Whether envisioning a sophisticated city retreat or a thoughtfully designed low-maintenance family residence, the potential is exciting, highly desirable and endless (STCA). Positioned for ultimate convenience, the location offers a flat walk to the heart of the city, placing the cafés, restaurants, boutiques and cultural offerings of Launceston's CBD within easy reach. Launceston General Hospital is also within comfortable walking distance, adding to the practicality of the location for professionals and those seeking proximity to essential services. Nearby parks, leading schools, and everyday amenities further enhance the appeal of this central address. Perfectly suited to a modern "lock up and leave" lifestyle, the property offers the freedom of low-maintenance living without compromising on access to the best the city has to offer. For those seeking a rare opportunity to design and build within an established inner-city neighbourhood, this prime parcel of land in Launceston represents an exceptional blank canvas on which to realise a truly special home. **Bushby Creese has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property Details

Property Type
land
Listing Type
For Sale
Land Area
314 m²
Listed
3 months ago

Repayment calculator

$1,551/month
$776 /fortnight
Loan $256,000 at 6.10% over 30 years

Upfront costs

Deposit$64,000
Stamp duty$10,735
Conveyancing (est.)$2,000
Total upfront$76,735
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Launceston

This land in Launceston, TAS 7250 sits within reach of public transport, local shops and nearby schools. It is listed 53% below the $685,000 median of 58 comparable landswithin 5 km.

Schools near Launceston

  • John Calvin Schoolcombined · Prep-10 · CoEd
  • Sacred Heart Catholic Schoolprimary · Prep-6 · CoEd
  • Scotch Oakburn College - Elphin Campusprimary
  • Tamar Valley Steiner Schoolprimary · Prep-6 · CoEd
  • The Launceston Preparatory Schoolprimary · Prep-6 · CoEd
  • Indie School - Devonport (Launceston Campus)secondary

What's nearby

  • York St/Welman St In (bus)1.4 km away
  • Paddy Pallin1.2 km away
  • Ockerby Gardens332 m away
  • Brickfields Reserve432 m away
  • Princes Square800 m away

Launceston at a glance

Full suburb profile
Population
3,110
Median age
41
Household income
$1,439/wk
Median rent
$310/wk
Median mortgage
$1,530/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Launceston price trend

Median sold · House 3 bed

Compound growth -2.8% / yr over 4 yrs

$750kcurrent median

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Price history

Price history

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1 price change recorded for this property

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