78-80 George Street,
Launceston, TAS 7250

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Map of 78-80 George Street

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Dual Property Offering with National Anchor on Renewed Lease

Shepherd & Heap Commercial is proud to offer for sale both 78 and 80 George St Launceston. Conveniently positioned in the midst of one of Launceston's growing hot spots with security from a renewed 3 + 3 lease to one of Australia's leading hearing specialists.

• 80 George St - 3 plus 3 year Lease in place to National Tenant, Bloom Hearing Specialists through to 31st Aug 2026 - 223 outlets Australia wide
• 78 George St - 3 plus 3 year Lease in place to local fashion house through to 4 Aug 2025
• Scope for additional income from 1st floor apartment over both sites with access from rear of 78 George St.
• Properties conveniently back onto central multi level car park
• "Central Business" zoning overlay

We see this opportunity as one for the Superfund and/or portfolio investor in a tightly held and popular cafe strip with strong footfall numbers.

Contact Marcus Douglas for further detail.

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

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