150-156 Cimitiere StreetLaunceston TAS 7250
Property Details for 150-156 Cimitiere St, Launceston
Last Listing description (September 2016)
Strategically located commercial property in Cimitiere Street (up to 12000 vehicles AADT) just two blocks from the CBD, less than 100 metres from Spotlight's store and directly across from RACT's new service centre. Currently configured in two tenancies - one leased to AT+M marketing (lease term runs to 31 October 2016) and the other is vacant (almost 900 sq metres showroom style).
Urban Mixed Use zoning provides for retail showroom use, sales and service businesses, car hire depot, wholesale, agencies, warehousing, DC facility and more(s.t.c.a). Ideal investment or own & occupy opportunity.
Contact Ian Singline for further details.
Property History for 150-156 Cimitiere St, Launceston, TAS 7250
- 02 Mar 2017Listed for Sale Not Disclosed
- 03 Aug 2016Listed for Sale Own your Own or Investment
- 14 Apr 2016Listed for Rent $60,000 / year
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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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 37.21% increase in median value, while Units have seen a 29.64% increase. As at 28 February 2026:
- The median value for Houses in Launceston is $789,184 while the median value for Units is $513,760.
- Houses have a median rent of $530 while Units have a median rent of $460.
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