192 Wellington StreetSouth Launceston TAS 7249
Property Details for 192 Wellington St, South Launceston
Last Listing description (July 2024)
Howell Property Group have an exciting development opportunity situated at 192 196 Wellington Street available for lease.
Located in a high exposure position, with high traffic flow, its close proximity to other leading business and services lends itself to a multitude of possibilities for a large business or perhaps a multiple tenancy development with dual tenancies.
An exceptional canvas for any venture, from big box style retail or major food outlet to medical centre rooms, or even a showroom style outlet.
A real advantage is the two access points, both from Wellington and Patrick streets, allowing easy flow of in-out traffic when redesigned to accommodate designated entry and exit points, as indicated in the *artist impression images.
The opportunity exists to lease the property as is or redevelop to your requirements in consultation with landlord. Please contact us directly to discuss your vision for the site today.
Features include:
- Irreplaceable high exposure position
- Impressive 45m approx. street frontage
- Existing building size 475m2 approx.
- Land size 1390m2 approx.
- Zoning Commercial (23.0)
- Parking for approx. 25 vehicles
- Potential to work with landlord to redevelop site
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 clients are advised to carry out their own investigations.
*Artist impression images are purely visual examples to show potential of building & carpark redevelopment only.
Property History for 192 Wellington St, South Launceston, TAS 7249
- 02 Jun 2023Listed for Rent - Price not available
- 24 Jan 2014Sold for $478,500
- 09 Dec 2013Listed for Rent - Price not available
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About South Launceston 7249
The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2011 was 4,447 people. By 2016 the population was 4,589 showing a population growth of 3.2% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation. In 2011, 54.1% of the homes in South Launceston were owner-occupied compared with 52.6% in 2016.
South Launceston has 2,424 properties. Over the last 5 years, Houses in South Launceston have seen a 50.82% increase in median value, while Units have seen a 57.61% increase. As at 31 January 2025:
- The median value for Houses in South Launceston is $525,105 while the median value for Units is $414,327.
- Houses have a median rent of $485 while Units have a median rent of $420.
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