57-63 Elizabeth StreetLaunceston TAS 7250
Property Details for 57-63 Elizabeth St, Launceston
Last Listing description (January 2024)
Everybody knows Tasmanian Vacuum Cleaner Co in Elizabeth Street in both Launceston, a business with a reputation for quality products and top service.
This business has stood the test of time and has great potential to be taken to a higher level, by an energetic new operator.
Income is generated from the sale of first-class cleaning machines both for commercial and domestic purposes, repairs, sale of accessories and parts.
There are qualified long-standing staff in place, owner willing to train and to stay on for a period of time.
This business is in a league of its own in that it services what it and other retailers sell.
Upside and potential to increase the business wouldn't be difficult.
The store is well presented, systems in place, new web site just completed, highly visible and in area where parking is readily available.
Sole retailing rights to some brands and warranty agreement for other brands.
Very reasonably priced, we sold the business next door and two businesses around the corner, don't be disappointed inquire now.
Contact Paul Scott email: pauls@tasbps.com.au ph 0477 771 098 or Praveen Pant 0432 256 682 email praveenp@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. NOTE: All figures are approximate.
Property Code: 806
Property History for 57-63 Elizabeth St, Launceston, TAS 7250
- 28 Aug 2023Listed for Rent - Price not available
- 02 Aug 2023Listed for Sale By EOI
- 16 May 2019Listed for Sale by EOI
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 3,721 properties. Over the last 5 years, Houses in Launceston have seen a 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:
- The median value for Houses in Launceston is $854,205 while the median value for Units is $556,922.
- Houses have a median rent of $580 while Units have a median rent of $450.
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