FOR SALE
$565,000

Level 1/97a York Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 365m2
Land area: 365m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

CBD opportunity with genuine upside.

Here’s one you can really sink your teeth into. Centrally located on York Street, one block from the Brisbane Street Mall, this property provides a unique opportunity to secure a tangible piece of the CBD property market at an accessible price point.
This ~365m2 strata titled lot sports a functional existing layout, but would undoubtedly benefit from some love and attention from a buyer with the vision and capability to recognise the potential of the space.
Whether you’re looking to find a long term home for your own business or an investor looking develop a blue chip asset this property offers fantastic upside, underpinned by its central CBD location.
- Great central location
- Fantastic development upside
- Elevator access from ground floor
- Vacant possession
- Reverse cycle air conditioning
Outgoings (approx) -
Body Corporate - $12,214
See More

Property Details for Level 1/97a York St, Launceston

Building Type
Commercial
Floor Size
365m2
Land Size
365m2

Commute Calculator

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 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:

  • The median value for Houses in Launceston is $734,272 while the median value for Units is $497,284.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 31 properties listed for sale, and 38 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Andy Howell
Show contact details
Ben Galvin
Show contact details
Howell Property Group
Preferred contact:
Disclaimer
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.