24 Seaport BoulevardLaunceston TAS 7250
Property Details for 24 Seaport Bvd, Launceston
Last Listing description (November 2018)
Calling all investors: 24 Seaport Boulevard is an exciting opportunity to secure a property with the hard work already done - you can literally set and forget with this one!
A new lease has been negotiated giving you rental security for the next 5 years (with a 5 year option) this is further strengthened by the development / growth in the surrounding area underpinning the tenants already proven successful business. The whole Seaport precinct has lifted once again with the recent construction of the Silo Hotel and proposed future development by the University Of Tasmania.
-Offers invited over $820,000
-New 5 + 5 lease in place
-Current rent $55,000 per annum plus GST / Outgoings
-High quality fit out including commercial kitchen
-Nothing to spend, maintained to a high standard with new flooring just installed
-Prime position at the Launceston Seaport, major development in the surrounding area driving growth
-Solid tenant in place - Highly regarded Indian restaurant 'Spice LoungenFor more information please contact Andy Howell of NAI Harcourts North. 'Commercial Real Estate Services, Worldwide.'
Property History for 24 Seaport Bvd, Launceston, TAS 7250
- 02 Oct 2018Sold for $830,000
- 31 Aug 2018Listed for Sale SOLD
- 03 Feb 2015Listed for Rent $49,000 / year
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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