48 Blamey Road, Punchbowl, Tas 7249

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
703 m²
Area

Last updated on Monday, July 20, 2026 ( See property details for 48 Blamey Road, Punchbowl, Tas 7249)

$498,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 1950s three-bedroom home on a large block with development potential, offering immediate rental income and prime positioning near amenities and golf course surrounds.

🏡 Property Highlights

  • Generous 703m² block with development potential (STCA)
  • Solid 1950s-built three-bedroom home with scope for renovation
  • Backs onto picturesque Launceston Golf Course surrounds
  • Currently leased at $365 per week until October 2026, providing immediate rental income
  • Prime location close to Kings Meadows shopping, Punchbowl Primary School, and Launceston CBD
  • Spacious backyard and off-street parking for two or more vehicles

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Extra Storage (Shed/Linen)

Punchbowl is a sought-after suburb offering a blend of convenience and scenic surrounds. Key points include: close proximity to shopping and amenities, family-friendly environment with schools nearby, scenic golf course views, easy access to Launceston CBD, and a community-oriented atmosphere perfect for both investors and families.

What is the condition of the property and potential for renovation?
The property is in a solid condition with scope for renovation, allowing buyers to move in immediately or update over time to add value.
What are the future development possibilities for the block?
The large 703m² block offers potential for future development or subdivision, subject to council approval (STCA).
Is the property suitable for investment purposes?
Yes, the property is currently leased at $365 per week until October 2026, providing immediate rental income with potential for increased returns after updates.
What amenities are nearby?
The property is less than 1km from Kings Meadows shopping precinct, approximately 1km from Punchbowl Primary School, and a short seven-minute drive to Launceston CBD.
Are there any heritage restrictions or zoning considerations?
The property is zoned Residential and is not heritage listed, offering flexibility for renovation and development.
Are there any hidden costs associated with future development or renovations? Have planning permissions and approvals been obtained for any proposed modifications? Are there any known defects or structural issues with the property? What are the zoning restrictions and potential easements affecting the property? Is the property at risk of flooding or bushfire hazards? Are there any nearby construction or planning activities that could impact the property? What are the strata or body corporate considerations, if applicable? Are there noise or neighbour-related issues in the area? Is there any ongoing maintenance or repairs needed for the property? Are there any restrictions on property use or future subdivision plans?

48 Blamey Road, Punchbowl, Tas 7249 - More Details

$498,000

Packed with possibility and positioned on a generous 703m² block, this solid 1950s-built three-bedroom home presents an exciting opportunity for first-home buyers, renovators, and savvy investors alike.

Offering comfortable living in its current condition, the home provides the flexibility to move straight in and gradually update over time, take on a full renovation from the outset, or explore the future development potential the substantial block may offer (STCA). With plenty of scope to add value, this is a property where vision and creativity can truly make their mark.

Featuring three bedrooms, a central bathroom, and off-street parking for two or more vehicles, the home provides a practical foundation with plenty of room to enhance. The generous backyard and spacious block add further appeal, with the property backing onto the picturesque surrounds of the Launceston Golf Course.

Conveniently positioned within easy reach of everyday amenities, this home is less than 1km from the Kings Meadows shopping precinct, approximately 1km from Punchbowl Primary School, and just a short seven-minute drive to the Launceston CBD.

The property is currently leased to tenants until October 2026 at $365 per week, providing immediate rental income while allowing time to plan future improvements or occupancy.

Whether you're looking to enter the market, secure an investment, or unlock the potential of a well-positioned property, 48 Blamey Road offers an exciting opportunity in a sought-after and convenient location. Enquire today.

Rental Estimate: $365 p/w as is. More with updates. Currently leased at $365 p/w until October 2026.
House size: 97m2 + 20m2 Shed
Land size: 703m2
Built: 1950
Rates: $1,700 approx. p/a
Council Zoning: Residential
Council: City of Launceston
Heritage listed: No

**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.**
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
703 m²
House Size
97 m²

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