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Elders Real Estate - Launceston

293-295 Wellington Street South Launceston, TAS 7249

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293-295 Wellington Street,
South Launceston, TAS 7249

Shops & Retail • Offices

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Elders Real Estate - Launceston
Isabelle Firth
Rob Dixon

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
293-295 Wellington Street
South Launceston, TAS 7249

Map of 293-295 Wellington Street

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Tightly Held, High Profile, Development Opportunity!

  • High Traffic Location
  • Significant Development Potential
  • Mixed Residential/Commercial Investment
First time on the market in decades, 293 - 295 Wellington Street is now for sale!

This is an outstanding opportunity to acquire a versatile commercial property in a high-traffic location with significant development potential.

Situated on busy Wellington Street, the property features three commercial tenancies on the ground floor, perfect for retail or office space.

Additionally, there is a one-bedroom residential flat on the ground floor at the rear, offering privacy and convenience.

Above, there are two spacious two-bedroom residential flats, providing comfortable living spaces.

The buildings sit on a generous 620 sqm block.

Strategically located just minutes from the Launceston CBD and only metres from the Southern Outlet, which connects to all major arterial routes, this property offers unparalleled accessibility and visibility.

With its prime location and diverse usage options, 293 - 295 Wellington Street is a rare find that combines commercial and residential opportunities seamlessly.

Don't miss out on this unique investment opportunity!

South Launceston, 7249 demographic data

The median household income for South Launceston is $1,374, 12% higher than Regional Tasmania's household income of $1,225. South Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 36 vs 45). Property ownership data shows 53% of property owners in South Launceston have a mortgage.

4,894
Population
$1,374 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households

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