Asking price is for both properties on separate title but can be purchased individually by negotiation. Current estimated income for both properties $93,600 per annum.

Seldom does such a lifestyle and development opportunity present itself. Offered for sale on the open market for the first time together since 1930, are two historic landmark properties, both of which are well known to many long-term residents of Launceston.
The main residence “Trevallyn House” (circa 1904) with this property retaining many of its original features, grand entrance, Carrara marble fireplaces, spacious living and reading rooms and large bedrooms. Currently configured as a series of flats, this property could be easily reverted back to make a splendid home.
The second residence “Thorpe” (circa 1920), an equally magnificent property with an Italianate influence. Again with spacious living areas, it includes a conservatory and separate garage/workshop that would be perfect as an art studio, writing room or bungalow.
Both properties (separate titles) are surrounded by established evergreen trees, stone walls, meandering garden paths and lawn which ensures both privacy and repose plus wonderful views to the river and city. There are also several period outbuildings, including a quaint gardener’s cottage, which was the original stables and coach house.
The development opportunities are considerable with the potential (STCA) to remodel “Trevallyn House” into a BandB or self-contained accommodation while “Thorpe” serves as a private residence. Alternatively, “Trevallyn House”, restored to it’s former glory, could serve as the main residence while “Thorpe” becomes and exquisite guest house.
The value of the land (2869m2 over two titles) and its position overlooking Launceston from one of the city’s most historic and desirable suburbs cannot be ignored either for future development. This presents a marvelous opportunity to restore these properties to their former glory while also realising a terrific future potential.

Inspection strictly by appointment only