OFF MARKET

3/8-10 Trotters Lane
Prospect TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 303m2
Land area: 303m2
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Property Details for 3/8-10 Trotters Lane, Prospect

Building Type
Commercial
Floor Size
303m2
Land Size
303m2
Local Government
Launceston

Last Listing description (May 2020)

Mechanical Repair business in Launceston Tasmania, comprehensive plant and equipment included.

This business returns a single operator in excess of $100,000 pa, with a part time employee.


There is scope to increase the business, the demand is there, at times more work than can be handled, with out any advertising.

The location is within a suburb with a high disposable income with many repeat customers.

Modern spacious high clearance workshop, front office, with 4 car hoists, auto care software

50% Repairs , 50% servicing approximately, clutches, engine rebuilds etc etc

Operating 5 days per week, 8 am to 5 pm, all public holidays off and 2 weeks at Christmas

There is potential to take this business to a new level, or continue as is.

Contact Paul Scott on 0477 771 098 or email on pauls@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; Please Note: All figures quoted are approximate

Property Code: 73

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Property History for 3/8-10 Trotters Lane, Prospect, TAS 7250

A timeline of how this property has performed in the market
  • 21 Aug 2019
    Listed for Sale $98,000 wiwo neg
  • 17 Feb 2017
    Listed for Sale $295,000 Plus GST (if any)

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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 1,007 properties. Over the last 5 years, Houses in Prospect have seen a 71.68% increase in median value, while Units have seen a 45.97% increase. As at 31 October 2024:

  • The median value for Houses in Prospect is $564,311 while the median value for Units is $408,957.
  • Houses have a median rent of $495 while Units have a median rent of $393.
There are currently 8 properties listed for sale, and 3 properties 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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