Welcome to 426 Westbury Road, Prospect Vale – a rare opportunity in one of Launceston's most popular suburbs.
Set on a full acre of general residential-zoned land, this tightly held property offers exceptional flexibility and scope for development (STCA). With two separate titles dividing the block into two half-acre parcels, the possibilities are numerous - whether you're looking to build units or townhouses (STCA), landbank, or simply enjoy the generous space.
The large home features five bedrooms and three bathrooms, offering ample room for a growing family. The kitchen has been updated with modern appliances, and the newly renovated ensuite adds a touch of luxury. Throughout the home, you'll find original features, including stunning stonework surrounding the fireplace, paired with modern updates.
Outside, the property boasts an enormous 18m x 11m garage, ideal for the car enthusiast, tradesperson, or as a workshop space. Under the home, a fully set-up man cave provides room for hobbies, storage, or even a private gym.
Known in the community for the garden space and previously established orchard, the property once operated as a popular local produce business. A past permit allowed business use from the premises - an opportunity that may be explored again (STCA).
With dual access from Westbury Road, this property is particularly well-suited to future development (STCA). Demand for quality units in this area is high, especially among downsizers and retirees drawn to Prospect Vale's proximity to shops, the Country Club, and direct transport links to the city.
Properties of this size and flexibility in Prospect Vale are incredibly rare. Whether you're an investor, developer, or looking for a unique lifestyle property with room to grow, this is an opportunity not to be missed.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.
