14 Brisbane StreetLaunceston TAS 7250
Property Details for 14 Brisbane St, Launceston
Last Listing description (November 2018)
With retirement looming the owner has decided to sell after a solid 42 years of serving, entertaining and feeding many thousands of locals and interstaters alike.
First licensed in 1851 the Royal Oak Hotel is a pub that oozes immense character and ambience and is now seeking a new owner to take it to the next stage of its long life.
The location of the Oak certainly displays upside, sited on the popular pedestrian ant trail and located high upon the corner of Brisbane and Tamar streets. Only a short walk to the UTAS Stadium (Home of the mighty Hawks) and directly opposite Launcestons magnificent City Park. Access to Launcestons city centre is literally a minutes walk away with the City Park opposite, the park is home of Tasmanias popular Festivale weekend, Symphony under the stars and Carols by candlelight.
The Royal Oak is a definite favorite for the Norths Uni students with the planned relocation and expansion of the Norths University Campus only a short walk from the Royal Oak, this development soon due for commencement.
A further extended clientele base will be a given with plans also a foot in the Tamar Street precinct for the proposed development of two major accommodation entities, this adding multiple tourism beds.
This continued growth in Tasmanian tourism numbers is very promising engendering confidence to continue to run the pub as is or partially or fully redevelop the character Hotel into either a Whiskey Distillery, Craft Brewing facility, Tasting room plus upgrades to its current onsite accommodation STCA, while remembering position is everything.
For further detail and scheduled inspection, contact the agent Marcus Douglas.
Property History for 14 Brisbane St, Launceston, TAS 7250
- 24 Oct 2018Sold for $1,190,318
- 10 Feb 2018Listed for Sale UNDER OFFER
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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 3,722 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.
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