17-19 Wellington StreetLaunceston TAS 7250
Property Details for 17-19 Wellington St, Launceston
Last Listing description (December 2022)
Phone enquiries - please quote property ID 28203.
This is a rare and exciting opportunity to own the very first Tasmanian pod accommodation and a popular Japanese Ramen restaurant located in the central business district of Launceston city.
Pod Inn and Gatsu Gatsu restaurant are under one roof in a prime location with high visibility, just metres from Mort's Food Hall, Queen Victoria Museum, Brisbane Street Shopping mall, Royal Park and Tamar River. Within 5 mins walk to Penny Royal Adventures, City Park, Riverbend Park, Officeworks and Bunnings. Also, approx 15mins to Launceston Airport.
POD INN
Established in 2018 and now one of Tasmania's leading budget accommodation stays. There are 14 x double sleeping pods and 40 x single sleeping pods. All sleeping pods are prefabricated and can be easily upgraded without interrupting the business. The hotel is equipped with advanced technology enabling an owner to remotely manage and monitor the property. It is the first and only pod accommodation in TAS, the third one in Australia and no direct competitors. There are also huge franchising opportunities in Australia and NZ.
GATSU GATSU JAPANESE RAMEN RESTAURANT
Established in 2020, serving a range of Japanese style ramen, donburi and various side dishes. It is the only Ramen restaurant in Northern Tasmania. (Great opportunity to franchise). The restaurant is licensed and has excellent ratings/reviews.
The attractive features of these two businesses are low labour costs plus the ability to run the hotel remotely. Easy to run under management suiting investors or managed by a couple with two part time employees (one housekeeper and one kitchenhand).
* Strong returns and excellent reputation for both businesses
* Extremely Low labour costs and low maintenance
* 54 sleeping pods, cosy & futuristic with their own privacy, lights, mirror, laptop desk and a safe.
* Remotely control the gate, door and monitor the property over a smartphone or laptop.
* Contactless with self check-in and check-out
* Fully equipped commercial kitchen and dining room.
* Laundry and storage facility
* Established websites and social media
Both businesses run efficiently with well trained staff, even without the owner attending onsite. The perfect hands-off investment. Comprehensive training and a longer handover period will be provided to ensure a smooth transition to the new owner.
Presented to the market for sale by Expressions of Interest. Full Information Memorandum available after initial signing of an NDA.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
Property History for 17-19 Wellington St, Launceston, TAS 7250
- 22 Feb 2022Listed for Sale P.O.A
- 22 Apr 2021Sold for $1,000,000
- 04 Jun 1999Sold for $157,500
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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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