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Back 169 Wellington Street
Off Market

169 Wellington Street

Launceston TAS 7250

2
2
1
169 m²
152 m²
Flat
Rae SmithRae Smith, last sold this property on 15 January 2026 after 70 days on market.

Overview

Two City Fringe Flats on One Title – Live, Invest or Renovate

An exceptional and rare opportunity on the city fringe with two flats held on a single title, split over two levels within a charming building originally constructed in 1884. One flat (169B) is currently tenanted until February 2027, providing secure ongoing rental income. The second flat (169A) is vacant and ready for immediate renovation or modernisation to enhance value and future yield. Both residences offer one bedroom and one bathroom, with solid foundations and plenty of scope to refresh and elevate their appeal. There is a single allocated parking bay for the property. Positioned in an excellent location, close to transport, key city amenities and opposite a Coles supermarket, this property offers strong rental demand and outstanding long-term growth prospects. This is a potentially lucrative investment opportunity for those looking to secure a character property with dual income potential, renovation upside, or a flexible living and leasing arrangement. Flat 169B is currently managed by Property Wise Launceston at a weekly rent of $280.00 increasing to $300.00 on 29 Jan 2026. A Pre-Sale Building Inspection has already been completed for buyer convenience so contact Rae today to find out more. Launceston City Council Rates $3,328.93 Taswater Rates $1,686.12 + usage Strata Tas Levies $2,826.00 Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided. Property Code: 609

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
169 m² floor area
152 m² lot size
Flat

Estimated Value

We need at least 3 similar 2 bedroom flats sold in Launceston over the last 12 months.

Property history for 169 Wellington Street

2026
Sold
Undisclosed
15 Jan 2026 by Rae Smith, of Flanagan Residential

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 flats in Launceston

In the last 12 months, 1 two-bedroom flat similar to 169 Wellington Street, have been sold.

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