51 apartments for sale in Mowbray, Launceston

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

Built in 1994, here is an excellent opportunity to purchase a low maintenance 3 bedroom villa unit at the rear of a 3 unit complex in popular Newnham. Recently renovated with new kitchen, freshly painted interior and new floorcoverings and with a tenancy in place at $500pw till May 2027, this property would be a great investment. Features include: Open plan living area with Reverse Cycle Air conditioning (Heatpump) for all year-round comfort 3 bedrooms all with built in robes New kitchen with breakfast bar and dishwasher Large bathroom with walk-in shower and separate bath & laundry incorporated Separate toilet Freshly painted interior and new floorcoverings Generous enclosed rear yard perfect for pets/children Off street parking for 2 vehicles No active Body Corporate Conveniently positioned close to Tafe, University of Tasmania, Australian Maritime College and Mowbray shopping precinct and approx 10 minute drive to CBD. Council rates: $403 p/q approx. Water rates: $300 p/q approx. Bu

Offering a practical layout and the convenience of low-maintenance living, this neat two-bedroom unit presents a great opportunity for first-home buyers, downsizers or those looking to add to their investment portfolio. The home features an open-plan kitchen, living and dining area, with the kitchen offering good bench space and storage. A reverse-cycle heat pump provides year-round comfort, creating a comfortable and functional space for everyday living. Both bedrooms are well-sized and include built-in robes, with a central bathroom incorporating the laundry for added practicality. Outside, the low-maintenance yard is easy to care for and includes a garden shed for additional storage, while a single carport provides convenient undercover parking. Positioned within easy reach of the Mowbray Shopping Centre, local schools, public transport, the Australian Maritime College and the University of Tasmania's Newnham campus, the property is also just a short drive from Launceston's CBD. A g

Welcoming to market, 9/6a Ravenwood Road- a beautifully renovated 2 bedroom, 1 bathroom unit with mountain views and a sense of calm that is so often lacking in the 'burbs. Built in '07 and with a thoughtfully updated bathroom and brand new kitchen appliances, this unit offers something for everyone. First home buyers can move in day 1 without needing to lift a finger. Downsizers can feel at home with the modern comforts they are use to without the hefty mortgage to boot. Flat and secure offering peace of mind no matter your stage in life. At A Glance: 2 bedroom, 1 bathroom - compact, easy-care layout Updated bathroom and kitchen appliances - fresh, modern finishes Private courtyard - with multiple storage options Rental appraisal of $430 to $450 per week - strong return for the area Single carport and dedicated visitor parking bay With the flexibility to choose between your sun filled courtyard or your secluded gardens, there really is a space to relax no matter your vibe. Reach out 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

Within 5 minutes of Launceston's CBD, a stone's throw from schools and public transport and just a short stroll to the UTAS campus at Inveresk, this low maintenance property is a must look for all investors. Comprising two units which are both currently leased, this is truly a set and forget opportunity. Unit 1 has a good sized master bedroom, as well as a large study or second bedroom. The spacious lounge room is heated and cooled by a reverse cycle heat pump. The functional kitchen is neat and tidy. There is also a separate toilet for convenience. Unit 2 has two generously sized bedrooms, both of which have built in storage. The lounge room has polished timber floor boards and is also heated by a reverse cycle heat pump. With parking available for both units, the property is currently being rented for a combined $850 per week. The adjacent vacant block of land can also included in the sale so there is the opportunity to develop the whole site if you wish (STCA). If you are looking to

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

Whether you're purchasing your first home, looking to downsize or searching for a low-maintenance investment, this is an opportunity you won't want to miss. Privately positioned at the rear of just two units in a quiet cul-de-sac, this charming two-bedroom brick home offers a wonderful sense of peace and privacy in the sought-after suburb of Norwood. Inside, the home features two generously sized bedrooms, both complete with built-in wardrobes for convenient storage. The spacious open-plan living and dining area creates a welcoming space for everyday living, while the neutral walls provide a fresh, blank canvas ready for the new owners to add their own personal style. The generous kitchen showcases beautiful Blackwood finishes, ample cabinetry and plenty of storage, combining practicality with timeless character. Outside, a private and secure courtyard provides the perfect space to enjoy some fresh air, entertain guests or simply relax without the upkeep of a large garden. With its pos

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

Welcome to two of the finest new residences in the area - thoughtfully designed three-bedroom homes where every detail has been carefully considered. From the moment you step inside, the quality is immediately apparent. Premium fittings and fixtures feature throughout, while double-glazed windows provide year-round comfort and a peaceful interior. The fully appointed kitchens include a dishwasher and quality appliances, creating a practical and stylish space for everyday living. Each room has been designed with both functionality and contemporary style in mind. For first home buyers, this could be the opportunity you've been waiting for. Purchasing a brand-new home may make you eligible for government grants and incentives, helping you take that first step onto the property ladder with a home you can enjoy from day one. Investors will also recognise the advantages of a new build. Depreciation benefits may help maximise your tax returns, while the modern design and high-quality finishes

Positioned beautifully on the ground floor corner of this highly sought-after complex, Unit 2/45 Newstead Crescent enjoys a lovely outlook over the colourful, manicured gardens and offers an exceptional opportunity for both investors and future owner occupiers alike. This spacious and well presented unit features two generous bedrooms, both complete with built in robes, along with a separate study or optional third bedroom, providing flexibility for those working from home or needing additional accommodation. The expansive sunny living and dining area is filled with natural light and complemented by reverse cycle heating and cooling, ensuring year-round comfort. The functional kitchen is well appointed with a wall oven and cooktop and enjoys a pleasant outlook over the beautifully maintained gardens. A private entrance adds to the appeal and sense of independence this lovely home provides. Additional features include an under building car space along with a large separate storage facil

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

Tucked away in a quiet pocket of Summerhill, this modern three-bedroom, two-bathroom home delivers the kind of easy, low-maintenance living that works just as well for owner-occupiers as it does for investors. Inside, the home is centred around a light-filled open-plan kitchen, dining and living space, with a practical layout that feels comfortable and easy to live in. The three bedrooms are well proportioned, with the main bedroom offering its own ensuite, while the second bathroom services the remainder of the home. Outside, the private courtyard provides a simple space to sit, entertain or enjoy without the upkeep of a traditional backyard. Established screening adds privacy, while the secure garage and easy-care surrounds make the property particularly appealing for buyers looking for something they can simply lock up and leave. The overall feel is private, practical and uncomplicated. For downsizers, professionals, first-home buyers or investors, this is a smart Summerhill option

Where else can you secure two fully self-contained CBD apartments on one title for just $460,000 - already leased and producing immediate income? Positioned high on Level 3 of Central Apartments, 303/16 Paterson Street offers a rare dual-key investment comprising a spacious one-bedroom apartment plus a completely separate hotel-style studio. Both apartments feature their own kitchen facilities, private bathroom and comfortable living accommodation, creating two distinct income-producing spaces within one exceptionally versatile property. Currently operating as serviced accommodation under a lease extending until 2027, the property offers investors immediate income without the usual day-to-day demands of managing tenants, cleaning, bookings or individual vacancies. Now returning $2,904.45 per month, or approximately $34,853 per annum in base rental income, the numbers make this CBD investment particularly worthy of attention. Based on the recurring management costs and most recent maint

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

Elders Commercial is pleased to offer a mixed-use asset in a premium location for sale via auction. The property is now fully vacant and primed for re-development. Key property and investment highlights include: + Premium Charles Street position within one of Launceston's most tightly held mixed-use precincts, ideally located on the popular café strip and within walking distance of the CBD and Launceston General Hospital. + Rarely does an opportunity present with the potential for seven separate income streams, comprising an established retail tenancy, five residential flats and a separate heritage terrace residence. + Offered with full vacant possession, providing purchasers with the flexibility to renovate, reposition, lease or occupy to suit their own investment strategy. + 245 Charles Street was constructed in 1880, making it a significant heritage property. It has historically been used commercially, as a bakery and more recently as a residence. + Substantial landholding of approx

This two-bedroom unit is set in a quiet and convenient location in West Launceston. The home features a separate living area that connects to an open-plan kitchen and dining space which basks in the natural morning sun, ideal for everyday living. Both bedrooms come with built-in robes, and there's no shortage of storage, with ample storage cleverly built into each room. The home is complete with a generous sized bathroom. An open plan kitchen - dining opens through a sliding door to a paved area in the rear, great for BBQ's and a grassed area suitable for pets. A garden shed adds further practicality for storing tools and equipment. While, the garage provides internal access into the home. The unit sits just minutes from local shops such as Prospect Vale Woolworths, multiple IGA's and the Old Tudor shopping complex. Enjoy quiet living while only being a short commute to the Launceston CBD and local schools such as Summerdale Primary school, Propsect High School and St Patrick's College

Tucked away in a convenient Newnham location, 2/26 Wallace Street offers comfortable, low-maintenance living with plenty more space and personality than you might expect from a unit. Inside, the home has been thoughtfully updated throughout, with timber-look flooring, a modern colour palette and a generous open-plan living and dining area creating an inviting space to relax and unwind. Large windows with plantation shutters bring in plenty of natural light, while built-in cabinetry provides excellent additional storage. The kitchen is practical and well equipped, offering an abundance of cabinetry and bench space, stainless steel appliances including a Westinghouse wall oven, Westinghouse induction cooktop and Bosch dishwasher, along with easy access to the outdoor entertaining area. Accommodation includes two well-proportioned bedrooms, both with built-in wardrobes, while the updated bathroom continues the home's modern feel with a walk-in shower, contemporary vanity and excellent sto

Set in a convenient South Launceston location, this well presented three bedroom brick home offers a practical layout, plenty of natural light and an easy care lifestyle across two levels. The ground floor is centred around a spacious open plan living, kitchen and dining area, creating a welcoming space for everyday living and entertaining. A separate laundry with the added convenience of a second toilet, along with internal access to the lock up garage, adds to the practicality of the home. Upstairs, you will find three comfortable bedrooms, two with built in wardrobes, along with a generously sized central bathroom. The private balcony is an added bonus, providing a lovely spot to enjoy your morning coffee or unwind at the end of the day. Outside, the level and fully secured yard is easy to maintain, while the deck provides a great space for entertaining friends and family or simply enjoying some time outdoors. With local shops, schools, the Launceston CBD and a range of everyday ame

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

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

Situated in a popular location, 10/86 Cherry Road offers something rarely found in the unit market, a completely standalone home positioned on a generous parcel of land, delivering the space and privacy of a house with the simplicity of low maintenance living. From the moment you arrive, there is a genuine sense of separation and independence. Unlike a traditional unit, there are no adjoining walls, while the generous approximately 600sqm allotment provides plenty of outdoor space to enjoy. Whether it is a morning coffee in the garden, entertaining family and friends, pottering around outside or simply appreciating having a backyard of your own, there is far more space here than you might expect. Inside, the home is comfortable, inviting and easy to live in. The practical single level floorplan features two well proportioned bedrooms alongside a central bathroom, with natural light filling the main living spaces throughout the day. At the heart of the home, the kitchen connects natural

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

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

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

Positioned within a block of just four, this spacious unit offers far more than you might expect. With plenty of off-street parking, a single garage with internal access and a generous backyard, there is an abundance of space and privacy. Side access is an added bonus, making it ideal for those with a trailer, caravan or additional vehicles. Inside, the home offers a practical and spacious layout, with a separate lounge room providing a comfortable space to relax or entertain, while the semi-separate kitchen and dining area creates a functional everyday living space. Unlike many units, space is certainly not compromised here. The bathroom includes a shower and is complemented by a separate toilet and good-sized laundry. Set in a sunny position on a flat block in West Launceston, the property is conveniently located just minutes from walking tracks and bus routes, with the Launceston CBD and surrounding suburbs only a five-minute drive away. Offering generous living and outdoor space, e

Tucked away in a private Newnham setting, this neat two-bedroom unit delivers easy living with a spacious open-plan layout and a fresh neutral interior. New carpet and paint create a clean modern feel while the living area opens directly to the fully enclosed backyard, providing a practical space for kids, pets or simply enjoying the outdoors. Designed with convenience in mind, the home offers excellent storage, reverse cycle air conditioning and an electric garage with internal access. The low-maintenance yard and garden shed add further practicality while the nearby university, schools, shopping and everyday services make this a smart choice for first home buyers, downsizers or investors. Key Features: • Neat 2006 Newnham unit in private setting • Ideal for downsizers investors or first home buyers • 2 bedrooms both with built in robes • Spacious open-plan layout with access to the backyard from the living • Kitchen featuring dishwasher, double sink with view to the backyard, plenty

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

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

Part of an exciting new development, this beautifully finished unit delivers the comfort of a modern home with the ease of low-maintenance living. Fresh, stylish and thoughtfully designed, it presents an ideal opportunity for first-home buyers, downsizers or investors looking for something ready to enjoy. The spacious open-plan living and dining area forms the heart of the home, enhanced by timber-look flooring, a soft neutral colour palette and an abundance of natural light. The adjoining modern kitchen features warm cabinetry, generous storage and a practical layout designed for everyday living and entertaining. Each bedroom offers a calm and comfortable retreat, while the impressive bathroom adds a touch of luxury with floor-to-ceiling tiling, a timber vanity and freestanding bath. Outside, the expansive concrete area allows for effortless upkeep and convenient vehicle access, complemented by a secure garage and additional storage. Combining contemporary style, quality finishes and