14/187-189 Charles StreetLaunceston TAS 7250
Property Details for 14/187-189 Charles St, Launceston
Last Listing description (August 2026)
At its core this property provides a street level, small holding within the CBD at a very accessible price point.
Taken as a blank canvas this property would suit a wide range of businesses from small professional or consulting firms to health and beauty operators and general retail.
For those with the inclination there is also the opportunity to purchase the property as a freehold going concern and continue the operation of the longstanding Adult Basement.
If you are looking to place your business within the CBD and dont like the idea of leasing this is an opportunity well worth consideration.
Interior photography available on request
Street level access through Ludbrooks Arcade
Central CBD location
Opportunity to introduce natural light through shopfront windows
Existing kitchenette and access to common amenities
Surrounded by reputable local businesses including Howell Property Group, InSPArations, and Ray White Launceston
Outgoings (approx)
Council Rates $823
Land Tax $229
Tas Water $1,200
Body Corporate - $2,231
For more information on this property please contact Alex or Ben at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
Property History for 14/187-189 Charles St, Launceston, TAS 7250
- 24 Aug 2026Listed for Sale $300,000 ex any applicable GST
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 3,724 properties. Over the last 5 years, Houses in Launceston have seen a 26.79% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:
- The median value for Houses in Launceston is $873,912 while the median value for Units is $559,475.
- Houses have a median rent of $590 while Units have a median rent of $450.
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