Back 104/16 Paterson Street
Off Market

104/16 Paterson Street

Launceston TAS 7250

2
2
98 m²
House
Rebekah BoermaRebekah Boerma, last sold this property on 21 December 2025 after 187 days on market.

Overview

Versatile Dual Apartment Investment With a Strong Return

Positioned within an iconic heritage building on Paterson Street, this cleverly designed dual-key apartment offers a rare blend of flexibility, comfort and income potential. With two separately accessible dwellings under one title, it presents an excellent opportunity for investors, city-based professionals or those seeking a part-time home with income. Apartment A features a spacious open-plan living and dining area, full kitchen, generous bedroom with built-in robes and a modern bathroom. This space is ideal for long-term rental or short-stay accommodation. Apartment B offers a stylish studio layout with a combined living and sleeping zone, built-in storage, a compact kitchenette and its own private bathroom. It's perfect for a guest suite, Airbnb or a lock-and-leave city base. Zoned for Mixed Use and positioned on an upper floor with elevated city outlooks, the property delivers excellent rental versatility and a consistently strong return in a sought-after CBD location. Whether you're looking to invest, occupy or combine both, this is a smart, income-ready property in the heart of Launceston. Contact Rebekah Boerma today for more information. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

2 bedrooms
2 bathrooms
98 m² floor area
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Launceston over the last 12 months, the estimated median property value of 104/16 Paterson Street is $620k.

Median value
$620k
Estimated value range
$390k - $1.13m
Median days on market
65
Estimated value trend
24%
increase 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 104/16 Paterson Street

2025
Sold
Undisclosed
21 Dec 2025 by Rebekah Boerma, of Living Here Launceston

Happy sellers in Launceston

88%
88% 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 20 reviews in Launceston over the last 12 months.

Local market activity for 2 bedroom houses in Launceston

In the last 12 months, 20 two-bedroom houses similar to 104/16 Paterson Street, have been sold.

This represents a 100% decrease in two-bedroom houses sales when compared to the previous 12 months.

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