506/16 Paterson Street, Launceston, TAS, 7250 - Apartment Sold on 24 04 2026

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Launceston

SoldApr 24, 2026

506/16 Paterson Street, Launceston, TAS, 7250

$350,000

Apartment

•

14 days on the market

Sold: Apr 24, 2026

What's around 506/16 Paterson Street

TOP FLOOR LIVING IN THE HEART OF LAUNCESTON

Perched on the topmost floor of the sought-after complex at 506/16 Paterson Street, this exceptional apartment presents a rare and elevated opportunity in the heart of Launceston. Offering a boutique feel with added privacy and outlook, this is a standout residence ideal for both astute investors and those seeking a stylish inner-city lifestyle. Thoughtfully designed, the apartment features a spacious open-plan layout that seamlessly connects the kitchen, dining, and living areas-creating a light-filled and inviting space to relax or entertain. The generous bedroom includes built-in wardrobes, while the well-appointed bathroom offers a separate shower, bathtub, and integrated laundry for everyday convenience. Positioned on the top floor, this residence enjoys a heightened sense of exclusivity and appeal, making it a particularly special offering within the building. Impeccably maintained, both the apartment and the complex reflect quality and care throughout. Step outside and immerse yourself in Launceston's vibrant lifestyle, with cafes, restaurants, boutique shopping, gyms, and the picturesque Seaport all within easy walking distance. Whether you're looking for a low-maintenance "lock-and-leave" city base or a high-performing investment, this property delivers on all fronts. This apartment represents a compelling investment opportunity in a tightly held location. Property Information: Year Built: 2006 House Size: 59m² Rental approx $2000 monthly Water rates approximately $250 a quarter Municipality: Launceston City Council School Catchments: East Launceston Primary & Queechy High School For further information or to arrange an inspection, please contact Terri Reynolds