103 St John StreetLaunceston TAS 7250
Property Details for 103 St John St, Launceston
Last Listing description (June 2021)
103 St John Street is an imposing two level corner commercial property finished in the striking art deco style sited at the entrance to the popular Quadrant Mall. Significant streetscape upgrades recently of the Mall enhance the property considerably with further major streetscape work planned for St John Street in the near future.
Fully leased and a strong letting history, the impressive tenant directory includes Sarah Whittington Optometrist, national NDIS/Aged Care provider Candice Care and local kitchen cabinetry supplier Tassie Cabinets.
Investment features at a glance:
Exceptional presentation throughout, quality fit-outs
Prominent inner CBD site in Launceston's main retail zone
High visual position with over 27 metres of street front
Future strata subdivision potential and/or upper level residential conversion (all s.t.c.a)
Fully leased, multiple tenancy investment with secure leases
Current net income $67,020 p.a approx.
103 St John Street presents as an outstanding investment opportunity, worthy of serious consideration for any property portfolio.
Private Treaty Sale - $1.1million - Contact Joel Harwood or Ian Singline for further details, IM report, inspections (by appointment).
Property History for 103 St John St, Launceston, TAS 7250
- 21 Apr 2021Sold for $1,100,000
- 15 Apr 2021Listed for Sale $1.1million
- 03 Jul 2019Listed for Rent - Price not available
Recent sales nearby
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0About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of 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 43.28% increase in median value, while Units have seen a 23.52% increase. As at 31 December 2025:
- The median value for Houses in Launceston is $764,492 while the median value for Units is $486,282.
- Houses have a median rent of $510 while Units have a median rent of $450.
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