8 Broadland DriveLaunceston TAS 7250
Property Details for 8 Broadland Dr, Launceston
Last Listing description (March 2021)
With a prominent position on Broadland Drive, this well presented and recognisable property is being offered to the market for sale with vacant possession. Situated on a 987m2 level block with ample car parking at the front and rear (21 spaces in total), this property accommodates two floors of well lit, air conditioned office space just a short drive from the CBD. Architecturally designed and easily accessed with all the amenities you would expect in a building of this calibre. This represents a great opportunity to secure this substantial property. There is also the opportunity to further develop the site (STCA) using some of the space currently utilised for off street car parking.
Property History for 8 Broadland Dr, Launceston, TAS 7250
- 03 Jun 2024Sold for $1,870,000
- 26 Jul 2018Listed for Sale By Negotiation $750,000 - $770,000 Plus GST
- 04 Aug 2017Listed for Sale By Negotiation $750,000 - $770,000 Plus GST
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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 3,722 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.
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