31 York Street,
Launceston, TAS 7250
Development Sites & Land
Detailed listing
Key property information
Land area
Floor area
Tenure type
Expression of Interest
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to arrange a private inspection.
Elders Real Estate - Launceston
54 Cameron StreetLAUNCESTON, TAS 7250
31 York Street
Launceston, TAS 7250
Detailed listing
Map of 31 York Street
Bus stops within 5 km of 31 York Street, Launceston, TAS 7250 Distance Balmoral 49 m Best Western 163 m 42 Brisbane St 192 m 57-59 Brisbane St 209 m Colonial Motor In 237 m POWERED BY HERE ©
POWERED BY HERE ©
Established Carpark Investment with Future Development Potential
- 70* on title carparks
- Management agreement with Carepark
- Prime inner-city development site
Elders Commercial is excited to present a rare opportunity to secure a substantial inner-city landholding with strong income, prominent frontage, and exceptional future development upside.
The key property highlights include:
-Substantial inner-city landholding of 2,074sqm.
-Strong estimated net income of $99,686 per annum plus GST under a management agreement with Carepark as of EOFY25.
- Exceptional frontage of approximately 31 metres to high-profile York Street.
- Currently configured for approximately 70 car parking spaces, providing future alternate income options.
- Urban Mixed Use zoning allowing for a wide range of future commercial or residential redevelopment outcomes (STCA). Building height of 10m allowed within zoning.
- Prime location close to Launceston’s CBD, commercial core, and key amenities.
- Flexible investment profile offering both passive income and future value-add potential.
- Rare opportunity to acquire a large, income-producing site with long-term redevelopment upside.
The property is for sale via Expressions of Interest closing 18 February 2026 at 4pm.
Please contact Fletcher Seymour or Rodney Rawlings for more information or to arrange an inspection.
The key property highlights include:
-Substantial inner-city landholding of 2,074sqm.
-Strong estimated net income of $99,686 per annum plus GST under a management agreement with Carepark as of EOFY25.
- Exceptional frontage of approximately 31 metres to high-profile York Street.
- Currently configured for approximately 70 car parking spaces, providing future alternate income options.
- Urban Mixed Use zoning allowing for a wide range of future commercial or residential redevelopment outcomes (STCA). Building height of 10m allowed within zoning.
- Prime location close to Launceston’s CBD, commercial core, and key amenities.
- Flexible investment profile offering both passive income and future value-add potential.
- Rare opportunity to acquire a large, income-producing site with long-term redevelopment upside.
The property is for sale via Expressions of Interest closing 18 February 2026 at 4pm.
Please contact Fletcher Seymour or Rodney Rawlings for more information or to arrange an inspection.
Launceston, 7250 demographic data
The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.
3,110
Population
$1,439 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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