19 Dowling Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

19 Dowling Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 149m2
Land area: 581m2
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Property Details for 19 Dowling St, Launceston

Building Type
Commercial
Year Built
1902
Floor Size
149m2
Land Size
581m2
Local Government
Launceston
Lot/Plan
1/35116

Last Listing description (May 2023)

An exceptionally rare opportunity to secure this low-risk warehousing complex, featuring three separate warehouses on one clear title. Positioned just 1.5km from the Launceston GPO in a coveted and strategic pocket of the city ideal for distribution warehousing, lighter manufacturing or city retail storage.

Warehouse 1 will be sold with vacant possession, ready to move in or alternatively will conservatively lease for $35,000pa + Outgoings + GST


Warehouse 2 is coming to the end of the current 5 year lease term with a 5 year option thereafter. Strong income uplift is sure to occur should the tenant exercise its option or if the tenancy was re-leased.

Warehouse 3 has been extensively refurbished and features A grade office, along with full height warehousing, this tenancy is subject to a 3 + 3 + 3 year lease with current net rental income of $68,750pa + Outgoings + GST

The long term future of the site is bright and clear opportunities are available for those wanting to add value for further growth - certainly a property that must be considered.

For further details contact Blake Shepherd or Joel Harwood.

Property History for 19 Dowling St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$82,500
21 Sep 1991
  • 06 Apr 2023
    Listed for Sale Contact Blake Shepherd or Joel Harwood
  • 21 Sep 1991
    Sold for $82,500
  • 16 Jun 1989
    Sold for $65,000
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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 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.
There are currently 26 properties listed for sale, and 19 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.