195 Wellington Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

195 Wellington Street
Launceston TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 330m2
Land area: 353m2
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Property Details for 195 Wellington St, Launceston

Building Type
Commercial
Year Built
1968
Floor Size
330m2
Land Size
353m2
Local Government
Launceston
Lot/Plan
1/54732

Last Listing description (November 2023)

Located on Wellington Street and having a clear run to the southern outlet, this 320m2 property provides a functional mix of office and warehouse space less than 2kms from the Launceson CBD.

Landlords are ideally seeking a short-term tenant to make use of this space throughout 2023 but are negotiable on lease terms for businesses with a genuine need for space of this nature.

Property has most recently been operated as a gym and is certainly well suited for this application however the space would compliment a wide range of office, storage and logistical solutions (STCA).

- Functional mix of office and warehouse space
- Reverse cycle air conditioning
- Multiple toilets
- High exposure location on arterial road
- 3.5m ceilings in rear warehousing
- NBN ready

Outgoings: $4,360p.a. approx.

To learn more about this property, contact Andy or Ben at Howell Property Group.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective customers are advised to carry out their own investigations.

Property History for 195 Wellington St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$310,000
27 Apr 2006
Listed for Rent
24 Jul 2023
  • 24 Jul 2023
    Listed for Rent - Price not available
  • 11 Nov 2016
    Listed for Rent $27,245 / year
  • 06 Dec 2011
    Listed for Rent $25,000 / year
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About 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 3,726 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.
There are currently 20 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 130 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.