It's the standout property at the top of Brisbane Street - and it could be yours for a cool $3.5 million.
When it last sold in 2018, the historic mansion set a record sale price for Launceston at $3.25 million.
Built in the 1880s, 'Glenfruin' is an example of early period Italianite architecture on the outside after a transformation in the 1920s, maintaining the charm of the property with an ultra-modern interior.
Right on the cusp of the city centre at 1 Brisbane Street, the property's positioning between Brisbane and York Streets ensures privacy for the potential purchaser.
The home offers high ceilings, a large gourmet kitchen and formal and informal dining options - including a balcony facing City Park.
Heading upstairs via a floating timber staircase, modern bedrooms, a bathroom and an office are included with gorgeous views.
Outside offers low maintenance, terraced gardens, a double carport and room for extra vehicles - with the home itself having video security and pin coded entry.
Current owner Bronwyn Shakespear purchased the home back in 2018 after selling her prior home, Calstock at Deloraine.
"I've done a few renovations like changing the carpets - putting in personal touches, things that made it my home, and did a lot of work in the gardener - I love gardening," she said.
"I was attracted to buying it because it was in the heart of town - I had lived in Sydney most of my life except for Calstock, and you don't have to take the car out."
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Ms Shakesepear is selling the home for family reasons.
"My children live overseas and I have business overseas, so it makes it very hard," she said.
"I'm hoping to find something else, smaller, local, and get back to travelling overseas as soon as we are able to."
Ms Shakespear said she hoped the home would be purchased by a family.
"It's got lots of places to explore and interesting little things perfect for children," she said.
"It's got two attics, and I'd be turning the attics into a little kids room - they would be amazing hidey holes just like in Harry Potter."
Listing agent Katrina Garwood of Parry Property said the property had already seen significant interest interstate.
"It's suited to a mixture of people and purpose - it could easily be great for an executive couple, business people, or it would make a beautiful family home," she said.
No open homes are scheduled, with inquiries able to be made to Parry Property.
For more homes available for purchase in Northern Tasmania, find your realestateview guide in today's The Examiner.
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