SOLD
Sold on 01 Oct 2024 for $560,000

4/14 Broadland Drive
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 75m2
Land area: 985m2
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Property Details for 4/14 Broadland Dr, Launceston

Building Type
Commercial
Year Built
1976
Floor Size
75m2
Land Size
985m2
Local Government
Launceston
Lot/Plan
4/56522

Last Listing description (March 2021)

The property offers approx. 439m2 of warehouse space with approx. 83m2 of office space in a sought after warehouse precinct. Zoned "Light Industrial" and with good roller door access, clear span and very well presented this is a real chance to locate your business to an easily accessed, well known central location. Add to this the car parking available plus a secure hardstand yard area and you have a versatile site indeed.

Property History for 4/14 Broadland Dr, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$560,000
01 Oct 2024
Listed for Rent
11 Dec 2017
  • 01 Oct 2024
    Sold for $560,000
  • 26 Jul 2018
    Listed for Rent $30,000 / year
  • 16 Jan 2018
    Sold for $420,000
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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 3,720 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 28 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Launceston.

Suburb Insights for 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.