40 St John StreetLaunceston TAS 7250
Property Details for 40 St John St, Launceston
Last Listing description (April 2026)
Established Retail Opportunity in Prime Launceston CBD Location
Were proud to present a rare opportunity to purchase a long-standing, highly profitable retail business in the heart of Launceston's bustling CBD.
Launceston Sport and Surf, a trusted name since the 1980s, is one of the few retailers in Northern Tasmania offering a curated mix of leading global brands in both sports and surfwear. Located in a high-foot-traffic area near retail giant Myer, the store benefits from excellent visibility and steady customer flow.
Customers love the convenience of shopping both fashion and sporting gear under one roof, and the business has built a loyal following over the decades.
Key Features:
Turnkey operation: Strong systems in place for inventory, staffing, and daily operations.
Experienced team: Reliable staff; current owner works 5 days per week.
Improved infrastructure: Since taking over in 2022, the current owners have invested significantly in upgrades across all areas of the business.
Work-life balance: Operates during congenial retail hours, ideal for owner-operators.
Future potential: Significant opportunity to grow through enhanced online sales, an avenue not yet fully explored.
Accessing this store: Easy access via St John Street or a large adjacent public car park.
Spacious retail layout offering a modern and welcoming shopping experience.
This business is ideal for a fashion-savvy entrepreneur or anyone looking to step into a profitable and respected retail operation with immediate income potential.
Stock levels will vary depending on purchase timing, with the summer season offering excellent profit opportunities.
Serious buyers are encouraged to enquire today. A signed confidentiality agreement is required to access detailed information.
For further information on this exciting and rare opportunity contact Neha Suyal at 0490 120 104 or Paul Scott at 0477 771 098 or email pauls@tasbps.com.au.
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: 2098
Property History for 40 St John St, Launceston, TAS 7250
- 20 Oct 2025Listed for Sale $149,000+SAV
- 17 Aug 2022Listed for Sale For Sale by Negotiation
- 09 Apr 2002Sold for $690,000
Recent sales nearby
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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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