Located amongst Launcestons business hub consisting of multiple separate office spaces is this total GLAR of 405m2. This 368m2 ground floor site with 37m2 upstairs is nestled within the extensive Spotlight property and faces directly onto the major arterial route of Cimitiere Street boasting traffic movements of between 7,000 12,000 vehicles per day.
Features extensive blackwood paneling throughout with separate toilet and amenities. Is well suited for multiple office use with retail a possibility with a little imagination.
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 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:
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