97A York StreetLaunceston TAS 7250
Property Details for 97a York St, Launceston
Last Listing description (July 2024)
Heres 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 youre 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
Council Rates - $1,476
Tas Water - $1,307
Land Tax - $320
Total - $15,317
To learn more about this property, contact Andy or Ben at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective customers are advised to carry out their own investigations.
Property History for 97a York St, Launceston, TAS 7250
- 11 Apr 2024Listed for Sale Not Disclosed
- 21 Mar 2024Sold for $625,000
- 02 May 2019Listed for Sale $395,000 ex any 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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