178-180 Charles StreetLaunceston TAS 7250
Property Details for 178-180 Charles St, Launceston
Last Listing description (May 2022)
We are excited about the opportunity to showcase, this wonderful restaurant food-outlet, which has the following features:
# The online reviews speak volumes about this business 4.8 or 5-star reviews, from hundreds of very satisfied customers, Amazing food, service and atmosphere.
# All local ingredients where possible, with personalized presentation, creative culinary delights, and oriental influence with a western touch.
#All new plant and equipment,set up less than 3 years ago, great buying at offers around $179,000 .
#Currently only operating 6 days per week, less than 25 hours per week and owner advisors generating $15,000 to $18,000 per week, 2 settings per evening.
# Prime position, tree-lined boulevard, opposite the beautiful Princess Park, compact easy-care premises, in a very sought after location.
# A rare find indeed, showing 100% return on investment, for one working owner and much more for two working owners.
# Well established, attractive street frontage, liquor license, long lease.
# Informative website with takeaway menu, for pickup or delivery, and table booking facility, glowing Facebook page.
This is one of the best food opportunities in Tasmania, all aspects of this business are outstanding, positive, very profitable and deserve your investigation.
Take charge of your future now and enquire with our business broker as a business like this will not be on the market for long.
Make your move today by phone Business Broker Paul Scott on 0477 771 098. pauls@tasbps.com.au or Praveen Pant on 0432 256 682. praveenp@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.
Property Code: 570
Property History for 178-180 Charles St, Launceston, TAS 7250
- 25 Feb 2020Listed for Rent $15,000 / year
- 05 Sep 2019Sold for $893,200
- 04 Jul 2019Listed for Sale $895,000 PLUS GST
Recent sales nearby
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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 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:
- The median value for Houses in Launceston is $766,540 while the median value for Units is $497,845.
- Houses have a median rent of $510 while Units have a median rent of $450.
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