85A-87 Gilbert StreetLatrobe TAS 7307
Property Details for 85a-87 Gilbert St, Latrobe
Last Listing description (February 2024)
Positioned on the northern side of Latrobe's bustling Gilbert Street, this commercial space presents a versatile option for a range of retailers, with the opportunity to capitilise on it's premium location as neighbour to Banjo''s Bakery, and opposite the Hill Street IGA Supermarket complex.
Comprised of open plan retail, office, store rooms, kitchen and bathroom, the property offers a total floor area of 151sqm. The site is secured by an alarm system and heated cooled by both a reverse-cycle air conditioner as well as ceiling fans.
The space is neat and tidy, features large glass panel frontage allowing good natural light as well as offering marketing/display benefits, and presents a competitively priced leasing option in a fantastic position. Zoning is General Business.
Gilbert Street, Latrobe, is a high-demand leasing area and this presents as one of the highest profile positions, with signifigant daily foot traffic passing by owing to the adjacent Banjo's Bakery, newsagent sitting opposite, Subway, Hill Street IGA complex and a mix of other strong local retailers. The area further benefits from free parking throughout the municipality.
The site is available from December 1st, with preference to long-term lease terms given.
Rent is $22,650 p.a. plus GST and outgoings (approx. $3.500 p.a.).
Contact Colin Rowlands for all enquiries or to arrange an inspection.
Property History for 85a-87 Gilbert St, Latrobe, TAS 7307
- 28 Oct 2023Listed for Rent $22,000 / year
- 22 Jun 2007Sold for $210,000
- 04 Sep 2002Sold for $87,000
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0About Latrobe 7307
The size of Latrobe is approximately 62.8 square kilometres. It has 12 parks covering nearly 7.1% of total area. The population of Latrobe in 2016 was 4169 people. By 2021 the population was 5030 showing a population growth of 20.6% in the area during that time. The predominant age group in Latrobe is 60-69 years. Households in Latrobe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Latrobe work in a trades occupation.In 2021, 69.50% of the homes in Latrobe were owner-occupied compared with 68.20% in 2016.
Latrobe has 2,762 properties. Over the last 5 years, Houses in Latrobe have seen a 68.78% increase in median value, while Units have seen a 50.99% increase. As at 28 February 2026:
- The median value for Houses in Latrobe is $639,920 while the median value for Units is $448,245.
- Houses have a median rent of $510 while Units have a median rent of $440.
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