15 St John StreetLaunceston TAS 7250
Property Details for 15 St John St, Launceston
Last Listing description (July 2022)
Stonebridge Property Group is delighted to present for sale Launceston CBD Everyday Retail Centre, a highly convenient large format retail offering located in the heart of Launceston CBD.
The key highlights of the opportunity include:
- Highly convenient large format retail centre with a lettable area of 3,423 sqm*
- 100% secured by NET leases to ASX listed tenants: BCF, Supercheap Auto, Beacon Lighting + major global bank: Rabobank
- Prominent triple-fronted 4,696 sqm* site in the Launceston CBD situated in an established retail precinct
- Located in the booming regional city of Launceston which will benefit from $509 million of government investment over the next 10 years^
- Zoned Urban Mixed Use, with substantial underlying land value and scope for future development up to 12 m* (STCA)^^
- Strong average tenure to date of 10 years*
- Net income of $1,035,000* p.a.
* Approximate
^ Launceston City Deal
^^ Launceston Interim Planning Scheme 2015
Launceston CBD Everyday Retail Centre is offered for sale via Expressions of Interest closing Wednesday 29th June at 5.00pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Justin Dowers
0438 098 805
Kevin Tong
0422 848 818
Property Code: 410
Property History for 15 St John St, Launceston, TAS 7250
- 15 Sep 2022Sold for $13,500,000
- 25 May 2022Listed for Sale Contact Agent
- 03 Jul 2015Sold for $9,751,000
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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