Property for Sale

87 & 89 Peel Street West, WEST LAUNCESTON, TAS 7250

  • 4908
  • 189 m2
  • 3
  • 1
  • 3
  • 1

Offers Around $1M

Rare Development Opportunity

Set high in sought-after West Launceston, two titles are on offer. This refreshed brick residence 89 Peel St West combines space, style, and exceptional potential with the additional lot 87 Peel St West that is included.

Inside, you'll find three generously sized bedrooms, a large modernised bathroom, and a sleek contemporary kitchen that flows into a light-filled living area. Expansive windows capture sweeping views over the city and Tamar Valley, while the decked entertaining area provides the perfect vantage point for sunsets and gatherings.

Comfort is assured year-round with gas ducted heating plus a reverse cycle air conditioner. Fresh paint, carpet, lighting, dishwasher and more has been updated in the last month ready to live in, develop or invest. Under the home you'll discover a substantial workshop and storage area, ideal for hobbies or work from home space.

The property is offered alongside the adjoining vacant lot-together creating a rare opportunity in one of Launceston's most desirable suburbs. With dual titles and ample space, the combined holding is primed for unit, villa, or townhouse development (STCA), or for those wanting a large private block just minutes from the CBD.

A modernised home, expansive land, and development scope this good in West Launceston doesn't come up often.

Rental Estimate: House Only Up To $550 p/w
House size: Upper Floor 130m2, Lower Floor 59m2
Land size 87 Peel St West: 2,458m2
Land size 89 Peel St West: 2,450m2
Built: 1952
Council: City of Launceston
Council Zoning: Low Density Residential
Heritage listed: No

*Some images utilise virtual furniture staging.

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.** Added 18 August, 2025 Property ID: #L35463978

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Property features

  • General: Bath, Built in Robes, Dishwasher, Gas Heating, Reverse Cycle Aircon
  • Exterior/Outdoor: Balcony

Office

Harcourts Launceston

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Est. bond $1920
  • 4908
  • 189 m2
  • 3
  • 1
  • 3
  • 1

Property for Sale

87 & 89 Peel Street West, WEST LAUNCESTON, TAS 7250

Offers Around $1M

Rare Development Opportunity

Set high in sought-after West Launceston, two titles are on offer. This refreshed brick residence 89 Peel St West combines space, style, and exceptional potential with the additional lot 87 Peel St West that is included.

Inside, you'll find three generously sized bedrooms, a large modernised bathroom, and a sleek contemporary kitchen that flows into a light-filled living area. Expansive windows capture sweeping views over the city and Tamar Valley, while the decked entertaining area provides the perfect vantage point for sunsets and gatherings.

Comfort is assured year-round with gas ducted heating plus a reverse cycle air conditioner. Fresh paint, carpet, lighting, dishwasher and more has been updated in the last month ready to live in, develop or invest. Under the home you'll discover a substantial workshop and storage area, ideal for hobbies or work from home space.

The property is offered alongside the adjoining vacant lot-together creating a rare opportunity in one of Launceston's most desirable suburbs. With dual titles and ample space, the combined holding is primed for unit, villa, or townhouse development (STCA), or for those wanting a large private block just minutes from the CBD.

A modernised home, expansive land, and development scope this good in West Launceston doesn't come up often.

Rental Estimate: House Only Up To $550 p/w
House size: Upper Floor 130m2, Lower Floor 59m2
Land size 87 Peel St West: 2,458m2
Land size 89 Peel St West: 2,450m2
Built: 1952
Council: City of Launceston
Council Zoning: Low Density Residential
Heritage listed: No

*Some images utilise virtual furniture staging.

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.** Added 18 August, 2025 Property ID: #L35463978

Property Features

  • General: Bath, Built in Robes, Dishwasher, Gas Heating, Reverse Cycle Aircon
  • Exterior/Outdoor: Balcony

David Hernyk Harcourts Launceston

Claire Coleman Harcourts Launceston

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