OFF MARKET

2/17-19 Abbott Street
East Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 305m2
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Property Details for 2/17-19 Abbott St, East Launceston

Building Type
Commercial
Year Built
2012
Land Size
305m2
Local Government
Launceston

Last Listing description (November 2022)

Buy A Job And Support The Environment-Sustainable Hair Salon

Tasmanian Business and Property Sales team is excited to offer a stylish, established and profitable Hair Salon located in East Launceston. The business was set up by the current owner in Nov 2016 and has been very popular ever since it opened its door to the public.

Currently operated by one working owner and 1 full-time senior stylist.

Pump House Hair operates 5.5 days a week and is closed on Sundays and public holidays, offering great lifestyle for the staff and the owner.

As the owner is ready to pass on the baton, this business offers some key points of difference:

1-Supporting the environment by being a member of the Sustainable Salon Programme.

2-Exceptional presentation and spotlessly clean salon offering a vibrant and positive ambience to its clientele and staff.

3-Potential to run under management by hiring more stylists and creating a team.

4-Shop layout includes 6 work stations, 2 hair wash bays, a customer waiting area and reception to take bookings and payments from clients.

5-5 star reviews and following on social media.

6-Booking system- At Timely which is one of the best in this industry, use by more than 55,000 professionals.

7-Low rent in a high disposable income area.

8-Fusion of luxury and natural products used.

9-Plenty of off-street free parking available for customers.

As per IBIS World, the Hairdressing and Beauty Services industry revenue was around $8.8bn in 2022. There is huge potential to take this business to another level by creating a team of stylists, effective marketing, offering loyalty programmes+more, sky is the limit for an ambitious entrepreneur.

If this is you, lodge an enquiry today and phone our professional business brokers for a confidential discussion. Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au / praveenp@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.

Property Code: 678

Property History for 2/17-19 Abbott St, East Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$950,000
16 May 2023
  • 16 May 2023
    Sold for $950,000
  • 29 Jul 2022
    Listed for Sale Offers over $89,500+sav
  • 01 Dec 2021
    Sold for $555,000

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About East Launceston 7250

The size of East Launceston is approximately 1 square kilometres. It has 3 parks covering nearly 9.1% of total area. The population of East Launceston in 2011 was 2,239 people. By 2016 the population was 2,141 showing a population decline of 4.4% in the area during that time. The predominant age group in East Launceston is 40-49 years. Households in East Launceston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Launceston work in a professional occupation. In 2011, 71.1% of the homes in East Launceston were owner-occupied compared with 68.4% in 2016.

East Launceston has 1,059 properties. Over the last 5 years, Houses in East Launceston have seen a 63.92% increase in median value, while Units have seen a 47.53% increase. As at 31 October 2024:

  • The median value for Houses in East Launceston is $867,295 while the median value for Units is $480,072.
  • Houses have a median rent of $520 while Units have a median rent of $400.
There are currently 10 properties listed for sale, and 1 property listed for rent in East launceston on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in East launceston.

Suburb Insights for East Launceston 7250

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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.