FOR RENT
$32,000 plus GST / Outgoings

Shop 1a/123-125 St John Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 98m2
Land area: 98m2
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Central St John Street.

Located at the entrance to Powell’s Arcade and the largest of four tenancies, Shop 1a is an appealing opportunity. This space, most recently utilised as a smoothie bar, is ideally suited for operation of a small café or similar food business.
The incoming tenant can benefit from a functional and quality fit out which includes stainless steel benches and sinks, appropriately positioned hand basins, front counter and bar along with feature lighting and timber floors.
For those looking to establish a presence in the CBD this tenancy makes a great first time option with reduced capital expenditure requirements, well positioned on one of Launceston's most recognised streets.
- Strong signage opportunities at the front of the building
- Floating timber floor
- Air conditioning
- 150m from the Brisbane St Mall
- Open plan layout
- Café fit out in place
- Reverse cycle air conditioning
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Property Details for Shop 1a/123-125 St John St, Launceston

Building Type
Commercial
Floor Size
98m2
Land Size
98m2

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About Launceston 7250

The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.

Launceston has 3,747 properties. Over the last 5 years, Houses in Launceston have seen a 60.75% increase in median value, while Units have seen a 43.01% increase. As at 30 November 2024:

  • The median value for Houses in Launceston is $744,553 while the median value for Units is $514,998.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 28 properties listed for sale, and 25 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Ben Galvin
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Zac Semmens
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Howell Property Group
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.