3/25 Wellington StreetLaunceston TAS 7250
Property Details for 3/25 Wellington St, Launceston
Last Listing description (November 2020)
Low entry cost licensed Asian Restaurant/ Takeaway in popular food zone, a mecca for tourists, students and locals.
With seating for 36 dinners and ample convenient parking for takeaways.
Well equipped, with walk in cool room, 5.3 meter stainless steel exhaust canopy, stainless steel benches, sinks and much more.
Ideal business for new operator to put their energy and creative flair into, take it to a new level, or re-brand .
Chinese cuisine is always popular, very good reviews.
Motivated vendor selling due to changing personal circumstances.
Contact the Tasmanian Business Broker Specialist, Paul Scott on pauls@tasbps.com.au or phone 0477 771 098
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate
Property Code: 310
Property History for 3/25 Wellington St, Launceston, TAS 7250
- 18 Sep 2020Listed for Sale $59,950 offers over
- 17 Jan 2019Listed for Rent $26,000 / year
- 26 Apr 2015Listed for Rent $26,000 / year
Recent sales nearby
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0About 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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