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Back 102/16 Paterson St
Off Market

102/16 Paterson St

Launceston TAS 7250

1
1
59 m²
Unit
Last sold for $250,000
Josh SchaecheJosh Schaeche, last sold this property on 18 June 2025 after 154 days on market.

Overview

Prime Investment Opportunity in an Unbeatable CBD Location

Located within a prestigious historical building in the heart of Launceston, this impeccably maintained first floor apartment, with easy direct access, seamlessly combines contemporary comfort with the added convenience. Positioned in one of the city's most sought after precincts, this property represents a standout investment opportunity or a potential inner city retreat. The apartment itself is thoughtfully designed, featuring a spacious open plan living and kitchen area that is both functional and inviting. The kitchen is neat and practical, seamlessly integrated into the living space, making it perfect for unwinding after a busy day. The generous bedroom, complete with built in wardrobes, provides ample storage while maintaining a light and airy feel. The bathroom is thoughtfully designed with disability access, ensuring accessibility for all. A built in laundry further enhances the convenience of this home, maximising functionality without compromising space. Every element of the apartment reflects meticulous upkeep, matching the immaculate condition of the overall building. For those with an eye on flexibility, the apartment offers the opportunity to convert it into residential, expanding its appeal beyond a straightforward investment. Its location is second to none, placing you just moments from Launceston's finest cafes, restaurants and bars, as well as an array of shopping and cultural attractions. Everything you need is right at your doorstep, making this property a true standout in urban living. The combination of its historical significance, impeccable condition and unbeatable location ensures that it is a property you'll be proud to call your own. Don't miss this chance to secure a piece of Launceston. The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Features

1 bedroom
1 bathroom
59 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Launceston over the last 12 months, the estimated median property value of 102/16 Paterson St is $342.5k.

Median value
$342.5k
Estimated value range
$250k - $400k
Median days on market
88
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Launceston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 102/16 Paterson St

2025
Sold
$250,000
Private Sale/Treaty on 18 Jun 2025 by Josh Schaeche, of Harrison Agents Launceston
2017
Sold
$323,000
Private Sale/Treaty on 12 Jan 2017 by Brad Gray, of Howell Property Group
2017
Sold
$323,000
11 Jan 2017

Happy sellers in Launceston

89%
89% of sellers in Launceston reported that their sale price either exceeded or met their price expectations.

Launceston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Launceston over the last 12 months.

Local market activity for 1 bedroom units in Launceston

In the last 12 months, 3 one-bedroom units similar to 102/16 Paterson St, have been sold.

This represents a 20% increase in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Launceston

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Jeremy Wilkinson

Sellers who recommend Jeremy Wilkinson have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   4.9   (883 reviews)
  •  6 Reviews in Launceston
  •  7 Sales in Launceston
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George Bushby

George Bushby is an award winning recommended agent for Launceston.  They have 16 local sales and collected 4 local reviews across the last 12 months.

  •   4.8   (54 reviews)
  •  4 Reviews in Launceston
  •  16 Sales in Launceston
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David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   4.9   (416 reviews)
  •  4 Reviews in Launceston
  •  6 Sales in Launceston
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Jessica Hogarth

Jessica Hogarth is a recommended agent for Launceston.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (138 reviews)
  •  2 Reviews in Launceston
  •  3 Sales in Launceston
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