94 Elizabeth Street,
Launceston, TAS 7250

Development Sites & Land

Key property information

Land area

Floor area

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Zoning

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Map of 94 Elizabeth Street

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Create Your Own Masterpiece In This City Fringe Hotspot

Full of heritage charm, this appealing building sits on an invaluable parcel of land spanning across two street frontages, Elizabeth Street and Benders Lane with 4.88m frontage to both. Underdeveloped at the rear, precedence has been set on numerous occasions for a mutli-level new build to truly capitalise on this unique and rare offering in a tightly held market.

- Income from long standing ground floor business
- Clear and easy development potential
- Coveted 'Urban Mixed' use zoning overlay
- 150m2 approx. land/156m2 approx. building
- Ideal development project or city pied-a-tierre

Highly recommended for purchasers looking for income, growth and upside.

For further details contact Blake Shepherd.

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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Most residents

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Most households

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250