Wellington StreetLaunceston TAS 7250
Property Details for 10/25-31 Wellington St, Launceston
Last Listing description (September 2025)
Thriving Cafe & Wine Bar Business with Liquor License
For sale is Morty's Coffee & Wine Bar, a popular and thriving cafe & restaurant business, complete with a valuable liquor license. Ideally located near prime inner-city retail outlets, it benefits from ample parking and significant foot traffic, thanks to its central position in the CBD. The business has cultivated a loyal clientele, largely due to its established reputation for fast, friendly service, and its fun and approachable staff.
Morty's has successfully expanded its service offerings to include home delivery through Uber Eats, catering to a wider customer base. The pricing strategy is competitive, ensuring affordability without compromising on quality. As a part of Morty's food court, the bar offers the unique experience of pairing a variety of beverages with an array of different cuisines available in the same location.
The business operates from 7 am to 7 pm, Monday to Friday, and from 9 am to 5 pm on weekends. It's categorized as a wine bar with a price range marked as affordable ($). Additional facilities include both home delivery and takeaway options. Morty's is open for breakfast, lunch, and dinner every day, making it a versatile dining option for any time of the day.
This sale presents a rare opportunity to acquire a successful and well-positioned business in a bustling city area. Morty's Coffee & Wine Bar is an established brand, ready for a new owner to take it forward into its next successful chapter.
*We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.
Property History for 10/25-31 Wellington St, Launceston, TAS 7250
- 07 Jul 2025Listed for Sale $50,000 including GST
- 22 Jul 2024Listed for Sale $50,000 including GST
- 01 Feb 2024Listed for Sale $70,000 including GST
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0About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 25.41% increase in median value, while Units have seen a 12.75% increase. As at 31 August 2026:
- The median value for Houses in Launceston is $870,305 while the median value for Units is $557,467.
- Houses have a median rent of $600 while Units have a median rent of $470.
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