117-129 Margaret StreetLaunceston TAS 7250
Property Details for 117-129 Margaret St, Launceston
117-129 Margaret St, Launceston is a bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 575m2.
Last Listing description (January 2019)
By Offer In one line or Expressions of Interest in Individual lots.
This generous and rare parcel of vacant land was once the hub of the thriving A.E Jack steel fabrication business. After sitting idle for many years the opportunity is now here for developers to purchase, develop or land bank this prime parcel either as a whole or in part/s.
Approximately 2,470m2 comprised in 7 separate titles
2 x 'Light Industrial' titles with a 24m frontage to Crown St
Perfectly suited to a number of uses such as Town House, Mediucal and Educational styled developments with attached car parking plus other uses subject to the Launceston Interim Planning Scheme 2015.
Offers/EOI Closing Wed 14th November 2018 at 4pm
For further details contact Marcus Douglas
Property History for 117-129 Margaret St, Launceston, TAS 7250
- 12 Oct 2018Listed for Sale SOLD
- 04 Apr 2014Listed for Sale Not Disclosed
Recent sales nearby
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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 3,727 properties. Over the last 5 years, Houses in Launceston have seen a 28.49% increase in median value, while Units have seen a 19.27% increase. As at 30 June 2026:
- The median value for Houses in Launceston is $855,283 while the median value for Units is $562,985.
- Houses have a median rent of $583 while Units have a median rent of $450.
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