47 apartments for sale in Karoola, Launceston

Positioned in the very heart of Launceston, this exceptional residence offers a unique opportunity to enjoy an enviable city lifestyle without compromising on space, privacy or comfort. Encompassing an impressive 241m² of living, this sophisticated apartment delivers the scale of a townhouse with the ease and convenience of low-maintenance living. Designed for those seeking quality and flexibility, the home features four generous bedrooms, one of which could be configured to be a second living space or home office, two well-appointed bathrooms and expansive living spaces that flow seamlessly to a private balcony capturing elevated city views. Whether entertaining friends, accommodating family or creating the perfect work-from-home environment, the versatile floorplan caters effortlessly to a range of lifestyles. Security and accessibility are paramount, with private lift access directly to the residence, security cameras, secure gated entry after hours and an oversized double garage pr

Welcome to beautiful Newstead, and not one, but the choice of two luxurious apartments that are exceptionally located within a one-minute stroll to Scotch Oakburn College, easy walking distance to the heart of Newstead's shopping precinct, local cafes and Launceston City Centre mere minutes away. Both apartments are located on the ground floor and have secure tenants in place. Apartment 1 has a combined floor size of 158m2 and Apartment 2 at 145m2 (both approx.). They are meticulous in design and fit out and offer luxurious, high-quality 2 bedrooms and 2 bathrooms in each. Each enjoy their own private deck for entertaining or simple contemplation over a beverage with friends. Both dwellings benefit from a single lock-up garage combined with an easy care garden and sit regally on 1075m2 (approx.) of land with established fruit trees. With no expense spared on the renovations/conversion, this is your time to secure a part of ever-loved Newstead! Don't delay! Call Craig and Deb, the Spous

Positioned within Launceston's vibrant CBD along prestigious St John Street, this stunning two-storey apartment offers refined living, luxury, and convenience. Designed by Cumulus Studio in 2022, the apartment maximises both sunlight and space. The residence is but one of two limited edition apartments set behind a Victorian Italianate facade, offering an executive lifestyle in one of Launceston's most sought-after locations. The upper-level opens to a spacious living and dining domain which flows seamlessly onto a sheltered balcony. Framed by extensive floor-to-ceiling glazing, this inviting outdoor space is designed for year-round enjoyment while capturing elevated views across Launceston's charming cityline and historic streetscape. At the heart of the home, the gourmet kitchen is both elegant and functional, featuring custom cabinetry, premium built-in appliances and luxurious marble benchtops, including a striking waterfall island that creates the perfect centrepiece for entertain

A fantastic investment showing great returns. A brick, low maintenance unit set in a quiet cul-de-sac, on an internal block. Currently rented with great tenants for $640 per week. This property ouzes privacy and peace. Offering 4 bedrooms, 2 bathrooms, a large lounge room and a big backyard. There is plenty of room for a family, and off street parking for 4 cars. There are only 2 units on the block and each has 500m2 of land. The large lounge / dining room, draws you in, with big windows that shower the room with light. From the moment you enter, the wooden feature wall, fresh paint and new flooring creates a vibe of luxury. The kitchen has brand new Oven and Cooktop as well as beautiful new benchtops. The unit has fresh paint and all new flooring throughout. 3 of the 4 bedrooms have built-in robes. As well as the large flat backyard for the kids to play in, Stephen Street Reserve is directly behind the back fence. This gives you plenty of room for bike riding or playing cricket an foo

Whether you're looking to strengthen your investment portfolio, create multiple income streams or secure a landmark property in one of Launceston's most sought-after locations, 271-273 Charles Street presents an exceptional opportunity. Positioned just 50 metres from the Launceston General Hospital and in the heart of the city's vibrant café and restaurant precinct, this heritage-listed property comprises three separate dwellings on one title, each with its own private entrance. Two of the residences are offered fully furnished, providing immediate flexibility for a range of investment strategies. The prominent front residence at 273 Charles Street offers two generous bedrooms with built-in robes, an updated kitchen and bathroom with quality appliances, reverse cycle air conditioning with additional electric heating, and low-maintenance surroundings. Whether retained as an investment, owner occupied or incorporated into a commercial venture (STCA), it adds further versatility to this u

If you're looking for a straightforward investment with very little to think about, these compact one-bedroom units are well worth your attention. Currently tenanted with a solid history of long-term occupancy, they offer the kind of reliability investors value. Low-maintenance by nature, the properties provide a simple set-and-forget opportunity. With strong rental returns, they are an ideal option for those wanting a property that works quietly in the background while delivering consistent income. For investors seeking simplicity and stability, opportunities like this are becoming increasingly difficult to find. There's no need for major upgrades or improvements - just neat, well-kept units that continue to perform. Key Features: Compact one-bedroom units Proven history of long-term occupancy Strong rental returns Low-maintenance investment Ideal set and forget addition to a portfolio DISCLAIMER: The information above is provided by The Agency as general guidance only. Although we ta

An exceptional opportunity awaits with the offering of Units 3 and 4 at 187 Hobart Road, Kings Meadows. Whether you're looking to expand your investment portfolio, secure your first property or downsize into a low-maintenance home, these well-positioned units present outstanding value in one of Launceston's most convenient suburbs. Each unit has been thoughtfully designed to maximise space and natural light, featuring a functional open-plan living and dining area that creates a welcoming atmosphere from the moment you step inside. The practical kitchen offers ample storage and bench space, while the generously sized bedroom includes built-in wardrobes for everyday convenience. A well-appointed bathroom, reverse cycle heating and cooling and a dedicated undercover car space complete the package, providing comfortable living all year round. Constructed in solid brick veneer and positioned within an established complex, these homes offer an easy-care lifestyle with minimal maintenance, ma

Perfectly positioned directly opposite the shimmering Tamar River, this exceptional mixed use property offers an enviable elevated river outlook along one of Tasmania's most celebrated food and wine trails. The sale includes the fully established restaurant, a self contained one bedroom unit, and a three bedroom unit-providing a complete and highly versatile package for both commercial and residential pursuits. At its heart is a well established freehold restaurant seating approximately 60 patrons, long recognised as part of the local fabric. Guests are drawn not only by its reputation, but also by the scenic river backdrop, prominent frontage, and relaxed Tamar Valley atmosphere. With strong exposure to both local and tourist traffic, this is a true destination venue-ideal for winery visitors, food lovers, and weekend travellers. The existing operation provides a strong foundation with further scope to refine branding, enhance the dining experience, and strengthen partnerships along t

This apartment, located in Launceston's Best Western Hotel, offers you immediate return of investment. - Commercial investment opportunity - Long-term lease to centrally located Best Western (4.5-star hotel) - Consistent monthly returns - 4 free nights included per year at the hotel per unit in Launceston - Own the room on strata title For further details please contact Beck at Peter Lees Real Estate 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. Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation. Boundary lines are indicative only

This apartment, located in Launceston's Best Western Hotel, offers you immediate return of investment - Commercial investment opportunity - Long-term lease to centrally located Best Western (4.5-star hotel) - Consistent monthly returns - 4 free nights included per year at the hotel per unit in Launceston - Own the room on strata title 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. Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation. Boundary lines are indicative only

This apartment, located in Launceston's Best Western Hotel, offers you immediate return of investment. - Commercial investment opportunity - Long-term lease to centrally located Best Western (4.5-star hotel) - Consistent monthly returns - 4 free nights included per year at the hotel per unit in Launceston - Own the room on strata title For further details please contact Beck at Peter Lees Real Estate 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. Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation. Boundary lines are indicative only

Offering an enviable lifestyle with outstanding long-term growth potential, this superbly positioned property places you right in the heart of one of Launceston's most convenient and connected precincts. Enjoy the ease of being just a short stroll from the vibrant CBD, University of Tasmania, popular cafes and dining options, picturesque parklands, and both Calvary St Vincent's Hospital and Launceston General Hospital, making this an exceptional choice for owner-occupiers and investors alike. With strong and consistent rental demand driven by the prime location, the property presents an exciting opportunity to secure a quality city-fringe asset in a tightly held pocket. Inside, the light-filled open-plan living and dining area creates a welcoming space to relax and unwind, flowing seamlessly through to the balcony where sweeping views across the Launceston skyline provide the perfect backdrop for your morning coffee or evening drink. The two generously proportioned bedrooms offer comfo

Positioned in one of the city's most central and connected locations, this unique 1958 townhouse blends timeless character with modern industrial-inspired style to create a home full of warmth, personality, and practicality. Offering three bedrooms, one bathroom, secure garaging, and multiple indoor and outdoor living spaces, this low-maintenance property is perfectly suited to professional couples, small families, or long-term tenants seeking inner-city convenience without compromising on charm or privacy. Rich in original features, the home showcases exposed brickwork, polished original floorboards, ornate fireplaces, and quirky architectural details throughout. A welcoming verandah captures elevated city views and sets the tone for the character-filled interiors within. The lower level offers a practical and inviting layout, beginning with a comfortable family living area before leading into the true heart of the home, a spacious kitchen, dining, and secondary living zone designed f

Set within a secure, gated community, this residence offers a quality Newstead lifestyle in a location that continues to perform. The position is a standout, private and peaceful, yet conveniently close to well-regarded local schools, neighbourhood shopping and everyday amenities. The kitchen sits at the heart of the home and is designed for practical, easy living, flowing seamlessly into the open-plan living and dining area. This space feels well-balanced and functional, ideal for both everyday use and entertaining. On this level, there is also a secure garage with internal access, along with a thoughtfully placed powder room. Upstairs, the accommodation is generous and well laid out. The main bedroom is spacious and well-appointed, complete with its own ensuite featuring a double vanity and a private balcony. The second bedroom is also well-sized and includes built-in robes, while the main bathroom is finished in neutral tones and includes a separate toilet. A separate study provides

Seize the opportunity to own one-or both-of these stylish 1-bedroom units within the highly sought-after Best Western Hotel, a 4.5-star building located in the heart of Launceston CBD. These units offer a unique investment model: - You own the individual unit. - The unit is managed and let exclusively through the hotel. - The hotel manages the nightly bookings and guest stays. - Owners receive a share of the overall hotel income, distributed between the participating unit owners. - Monthly income statistics are available upon request. - Owners are entitled to 4 complimentary nights' accommodation at the hotel each year. UNIT FEATURES: - 1 bedroom - 1 bathroom - Spacious bedroom with large windows and city views - Air-conditioning - Compact study nook with table and chair - Convenient lift access - Communal washing facilities - Ample street parking nearby Located within walking distance of everything Launceston CBD has to offer, these units provide an appealing opportunity to own an inv

Positioned in a lovely, private location, high up from the street this rear townhouse of only two on the block has sweeping views of the city, mountains and the Granville Street Reserve. With a north-easterly aspect, the living area and undercover deck are at the front of the deck to capture the sun and views. There is a gorgeous, spacious kitchen with engineered stone benchtops and a butlers pantry, and glass sliding doors directly to the alfresco area. Generously proportioned, the lounge is spacious and has the addition of a small study within the space. Stylish décor choices have been made with the exterior of the home, and the internal finishes. The carpeting is plush, and the light fittings considered, and overall, the home has a modern, apartment style feel whilst offering all the benefits of a standalone home. There are three double bedrooms (all with built in storage), the primary bedroom has a stylishly fitted out walk in robe and ensuite, and there is a full-sized family bath

Rose Lane Gardens - Construction Underway Construction is now underway at Rose Lane Gardens, with several townhouses already taking shape and work progressing across the development. Buyers can now see this exciting new community coming to life, providing added confidence when securing a brand-new home within this boutique South Launceston development. Rose Lane Gardens is a collection of just 23 architecturally designed townhouses within a newly created subdivision, surrounded by established trees and green outlooks. Designed for easy, low-maintenance living, all homes are single-storey and positioned on flat, easy-care blocks, making them an appealing option for first home buyers, downsizers and investors. The development comprises 13 two-bedroom, one-bathroom homes and 10 three-bedroom, two-bathroom homes, with three distinct external architectural designs creating an attractive and varied streetscape. With construction now progressing, buyers who secure early may also have the oppo