McGrath
Charming Character Home with Income Potential & Development Opportunity (STCA)
29 Bain Terrace, Trevallyn
Built circa 1915, this beautifully preserved character home is perfectly positioned in one of Trevallyn’s most desirable elevated locations. Offering sweeping views and exciting development potential (STCA), it also includes a fully self-contained short-term rental below—known as the successful “Bedsit on Bain.”
Key Features:
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Breathtaking panoramic views of the Tamar River, Launceston city, and all three mountain peaks—snow-dusted in winter
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Front-row seats to Launceston’s New Year’s Eve fireworks from the balcony
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Large double-glazed windows (installed 2014) to enhance natural light, scenery, and energy efficiency
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Classic period charm with original hardwood floors, high ceilings, and elegant detailing throughout
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Wood fireplace with a heat transfer system for whole-home comfort
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Solar power system for energy-conscious living
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Peaceful, established garden with mature trees, birdlife, and a private swing offering expansive views
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Unbeatable location—just minutes from Cataract Gorge, walking distance to the CBD and Trevallyn village shops
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Situated in a quiet, community-oriented neighbourhood rich in charm and character
This rare gem offers a blend of lifestyle, income, and potential for future development—truly a unique opportunity in the heart of Trevallyn.