OFF MARKET

220-224 Westbury Road
Prospect TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 1955m2
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Property Details for 220-224 Westbury Rd, Prospect

Building Type
Commercial
Floor Size
200m2
Land Size
1955m2
Local Government
Launceston
Lot/Plan
1/159172

Last Listing description (February 2024)

Rare business opportunity!!

BladeRunner Hairdressing has been providing hairdressing services in Launceston for 27 years under only two ownerships, earning a reputation for reliability and quality.

Salon environment is luxurious and spacious, with thousands of dollars spent on the fit-out and quality equipment.

Ample natural light enriches the atmosphere, with a generous lunchroom for staff to unwind and enjoy their breaks.

It is located along a main road in a high-growth area, with accessible and free on-site parking available for staff and clientele.

With a turnover of $440,000 despite operating only 4 days per week and employing a team of highly trained and long-term staff.

Significant opportunity exists to grow the business via the hair extension clientele, extending business hours or developing complementary services, with two under-utilised beauty rooms fitted out to meet medical-grade standards for beauty services, cosmetic services, and injectables.

After a fulfilling 10 years of business ownership, the owner's decision to sell is motivated by her desire to spend more time with her young family.

For more information or to arrange a private viewing of this remarkable business, contact business broker Neha Suyal on 0490 120 104, or Praveen Pant at 0432 256 682 email: nehas@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: 1120

Property History for 220-224 Westbury Rd, Prospect, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$7/w
13 Jan 2021
  • 10 Oct 2023
    Listed for Sale O/O $79,000
  • 30 Jan 2020
    Listed for Rent - Price not available
  • 06 Aug 2019
    Listed for Rent - Price not available
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About Prospect 7250

The size of Prospect is approximately 6.6 square kilometres. It has 9 parks covering nearly 19.4% of total area. The population of Prospect in 2011 was 1,438 people. By 2016 the population was 1,710 showing a population growth of 18.9% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 66.7% of the homes in Prospect were owner-occupied compared with 63.7% in 2016.

Prospect has 1,008 properties. Over the last 5 years, Houses in Prospect have seen a 72.87% increase in median value, while Units have seen a 62.52% increase. As at 31 July 2024:

  • The median value for Houses in Prospect is $559,123 while the median value for Units is $427,772.
  • Houses have a median rent of $488 while Units have a median rent of $408.
There are currently 7 properties listed for sale, and 1 property listed for rent in Prospect on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Prospect.

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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.