111 Brisbane Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
 
OFF MARKET

111 Brisbane Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 204m2
Land area: 437m2
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Property Details for 111 Brisbane St, Launceston

Building Type
Commercial
Year Built
1880
Floor Size
204m2
Land Size
437m2
Local Government
Launceston
Lot/Plan
1/134894

Last Listing description (July 2024)

Discover a fantastic opportunity in the heart of Launceston CBD at What's New Launceston.

With just 25 hours per week, you can earn excellent profits as an owner-operator. Specializing in a diverse range of gifts, AFL merchandise, collectables & name and age gifts, this exclusive business has been transformed by its current owner of over 5 years.

Located in Brisbane St Mall, the service counter strategically offers a 360-degree view near the entrance, and ample storage is included in the lease.

Extensive plant and equipment, including a branded car valued at approximately $20k, are part of the sale.

Huge potential to increase the business by setting up an online store.

Operational flexibility allows for single-person management during off-peak hours and additional staffing during peak times.

New 5+5 year lease will be available for the incoming owner.

If you are a couple or anyone looking to get into novelties and gifts retail then this is an outstanding business.

There is limited to no competition for the range offered by What's New in Launceston.

Established supplier network available, introductions will be made once the sales contract is unconditional.

On offer is work-life balance, trading weekdays eight hours and fewer hours on weekend.

Peak season trading hours change as there is more money to be made.

Look no further, fill out a confidentiality agreement and arrange an inspection to seize this outstanding opportunity.

Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au/ praveenp@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.

Property Code: 1962

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Property History for 111 Brisbane St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$840,000
23 Mar 2000
Listed for Rent
$460/w
31 May 2021
  • 30 Jul 2024
    Listed for Sale OFFERS OVER $120,000+SAV
  • 11 Aug 2020
    Listed for Rent - Price not available
  • 04 Oct 2018
    Listed for Sale Contact Agent
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About 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 3,721 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:

  • The median value for Houses in Launceston is $831,502 while the median value for Units is $553,434.
  • Houses have a median rent of $560 while Units have a median rent of $450.
There are currently 19 properties listed for sale, and 13 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 123 properties were sold in the past 12 months in Launceston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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