Positioned within the highly recognised Theogenes Building, this versatile commercial tenancy presents an outstanding opportunity within a busy and well-established commercial hub. Surrounded by a strong mix of respected local businesses and multinational retailers, the location offers excellent accessibility, exposure, and convenience.
Currently configured as a large gym and training space, the tenancy includes a range of fitness equipment and machines as part of the annual rent, providing a turnkey opportunity for operators within the health and fitness industry. Alternatively, the equipment can be removed, allowing the space to be adapted to suit a wide range of commercial or professional uses.
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 28.49% increase in median value, while Units have seen a 19.27% increase. As at 30 June 2026:
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