207/211 Wellington StreetLaunceston TAS 7250
Property Details for 207/211 Wellington St, Launceston
Last Listing description (July 2014)
PRIME WELLINGTON STREET SITE - NATIONAL TENANT
A HIGH PROFILE INVESTMENT PROPERTY SITUATED ON THE CORNER OF WELLINGTON AND FRANKLAND STS CURRENTLY OCCUPIED BY NATIONAL WORKFORCE SERVICES COMPANY SKILLED. WITH 71 OFFICES THROUGHOUT AUSTRALIA AND NEW ZEALAND AND 40 YEARS OF EXPERIENCE AND EXCELLENCE IN WORKFORCE SOLUTIONS, SKILLED PRESENT AS AN IDEAL TENANT.THE BUILDING COMPRISES SOME 388M2 GROSS FLOOR AREA OVER TWO LEVELS AND IS CURRENTLY UTILISED AS OFFICE SPACE, BUT CERTAINLY COULD LEND ITSELF TO A PROMINENT SHOWROOM GOING FORWARD.THE PROPERTY IS YIELDING A NET RENTAL OF APPROX $32,000 PA AND PROVIDES A FANTASTIC OPPORTUNITY FOR INVESTMENT AT AN AFFORDABLE PRICE RANGE.
Property History for 207/211 Wellington St, Launceston, TAS 7250
- 26 Apr 2014Listed for Sale Not Disclosed
- 01 Mar 2013Listed for Sale Not Disclosed
- 28 Sep 2010Listed for Sale Not Disclosed
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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 3,725 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.
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