17-25 George StreetLaunceston TAS 7250
Property Details for 17-25 George St, Launceston
Last Listing description (November 2016)
With multiple bars, stages, function room, accommodation, beer garden and more the iconic 'Lloyds' is awaiting your new vision. Currently 'Hype Bar & Lounge' trading Wednesday to Saturday 5pm-Late the option is here to grow the business and income by many ways. Extend trading hours, refurbish and refresh, open the commercial grade kitchen, make use of the excellent function room and additional kitchen, push the accommodation further - almost endless options here to create your own venue.
We invite your enquiry and exclusive inspection of this unique opportunity today. Contact David Hernyk or Andy Howell of NAI Harcourts North for more information.
'Commercial Real Estate Services, Worldwide'
Property History for 17-25 George St, Launceston, TAS 7250
- 30 May 2016Listed for Sale $85,000 No GST
- 23 Oct 2015Listed for Sale $100,000 No GST
- 27 Apr 2000Sold for $375,000
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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 3,720 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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