OFF MARKET

341A Wellington Street
South Launceston TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 105m2
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Property Details for 341a Wellington St, South Launceston

Building Type
Commercial
Land Size
105m2
Local Government
Launceston

Last Listing description (June 2020)

This excellent site located on one of Launceston's busiest arterial routes, Wellington Street, is now available for lease offering an extremely high profile shopfront with invaluable off-street customer and staff parking.

The premium tenancy benefits from lots of passing trade as it is located directly opposite Glen Dhu Primary School and is situated amongst successful operators such as Geard Cycles, Caltex Service Station, Launceston Veterinary Hospital and next door to popular Laundrette.


Features include:
- Common staff and customer parking
- Commercial range hood installed
- Excellent light fittings:
- Quality paint
- Alarm system
- NBN ready
- High exposure shopfront
- Rear toilet and store room recently refurbished

A rare opportunity to secure yourself on busy Wellington Street with lots of parking at an affordable rent.

For further details contact Joel Harwood

Property History for 341a Wellington St, South Launceston, TAS 7249

A timeline of how this property has performed in the market
Listed for Rent
$6/w
18 Jun 2020
  • 26 May 2020
    Listed for Rent - Price not available
  • 15 Jan 2020
    Listed for Rent - Price not available
  • 14 Dec 2019
    Listed for Sale $49,500
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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 2,415 properties. Over the last 5 years, Houses in South Launceston have seen a 56.01% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:

  • The median value for Houses in South Launceston is $530,619 while the median value for Units is $378,810.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 14 properties listed for sale, and 6 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in South launceston.

Suburb Insights for South Launceston 7249

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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.