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9 Nichols Street, Kings Meadows$290,000
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9 Nichols Street

Kings Meadows, TAS 7249, Australia
$275,000 – $305,000
665 m²

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About this property

Nestled in the heart of Kings Meadows, this prime parcel of land presents a remarkable opportunity for astute investors and developers seeking to capitalise on a highly sought after location. Spanning 665 square metres, this land offers a blank canvas to craft an exceptional development, subject to the necessary consents. Boasting an advantageous position, this property is situated mere moments from a range of local amenities, ensuring future developments will appeal to a discerning market. The proximity to quality schools and bustling shopping precincts adds significant value, promising convenience and lifestyle appeal to prospective occupants. With its substantial size and enviable location, this land holds immense potential for a visionary build. The scope to innovate and create a bespoke project in this thriving community is an enticing prospect. Whether the vision is to construct luxury townhouses or a family residence, the possibilities are as vast as the potential returns. Developers will appreciate the ease of access to the site and the supportive local environment that champions growth and innovation. Investors can rest assured knowing that property in this area is consistently in demand, ensuring a lucrative and sustainable investment. Seize the opportunity and watch as your vision takes shape in one of Launceston's many desirable neighbourhoods. Council rates: $208 p/q approx. Land size: 665m2 approx. 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.

Property Details

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

Repayment calculator

$1,406/month
$703 /fortnight
Loan $232,000 at 6.10% over 30 years

Upfront costs

Deposit$58,000
Stamp duty$9,535
Conveyancing (est.)$2,000
Total upfront$69,535
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 Kings Meadows

This land in Kings Meadows, TAS 7249 sits within reach of public transport, local shops and nearby schools. It is listed 53% below the $620,000 median of 66 comparable landswithin 5 km.

Schools near Kings Meadows

  • OneSchool Global - Launceston Campuscombined
  • Kings Meadows High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Bond St past Ernest St (bus)226 m away
  • Mission Shop709 m away
  • Machens Reserve633 m away
  • Janet St Park664 m away
  • Southgate Drive Park771 m away

Kings Meadows at a glance

Full suburb profile
Population
4,359
Median age
38
Household income
$1,306/wk
Median rent
$312/wk
Median mortgage
$1,365/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kings Meadows price trend

Median sold · House 3 bed

Compound growth +2.6% / yr over 4 yrs

$603kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

Listing price changes

1 price change recorded for this property

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